| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $86M | $83M | $85M | 4.3% | 1.7% |
| Op. Income | $19M | $18M | $17M | 3.7% | 9.8% |
| Gross Margin | 48.6% | 49.6% | 46.5% | -1.0pp | 2.1pp |
| Net Margin | 16.9% | 16.7% | 15.3% | 0.2pp | 1.5pp |
| EPS (Diluted) | $0.73 | $0.70 | $0.66 | 4.3% | 10.6% |
| Free Cash Flow | $9M | $18M | $8M | -51.4% | 7.0% |
| Item | Amount |
|---|---|
| REVENUE | $86M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $42M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $6.0K |
| Operating Expenses | $23M |
| Cost & Expenses | $68M |
| OPERATING INCOME | $19M |
| Interest Income | $546.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $506.0K |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $5M |
| EBIT | $19M |
| EBITDA | $24M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $86M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $42M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $6.0K |
| Operating Expenses | $23M |
| Cost & Expenses | $68M |
| OPERATING INCOME | $19M |
| Interest Income | $546.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $506.0K |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $5M |
| EBIT | $19M |
| EBITDA | $24M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$80.0K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76M |
| Short-Term Investments | $2.0K |
| Net Receivables | $54M |
| Inventory | $23M |
| Other Current Assets | $48M |
| TOTAL CURRENT ASSETS | $201M |
| PP&E (Net) | $45M |
| Goodwill | $39M |
| Intangible Assets | $9M |
| Long-Term Investments | $2M |
| Tax Assets | $13M |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $135M |
| TOTAL ASSETS | $337M |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $24M |
| Other Current Liabilities | $49M |
| TOTAL CURRENT LIABILITIES | $93M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | $439.0K |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $48M |
| TOTAL LIABILITIES | $141M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $191M |
| TOTAL STOCKHOLDERS' EQUITY | $191M |
| Minority Interest | $5M |
| TOTAL EQUITY | $196M |
| TOTAL LIABILITIES & EQUITY | $337M |
| Total Debt | $5M |
| Net Debt | -$70M |
