| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $21M | $20M | 0.4% | 9.0% |
| Op. Income | $2M | $2M | $616.9K | -6.0% | 157.9% |
| Gross Margin | 26.9% | 23.2% | 17.8% | 3.7pp | 9.1pp |
| Net Margin | 5.4% | 5.9% | 1.8% | -0.5pp | 3.6pp |
| EPS (Diluted) | $0.20 | $0.22 | $0.06 | -9.1% | 225.2% |
| Free Cash Flow | -$419.8K | $185.7K | $5M | -326.0% | -109.1% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $2M |
| Interest Income | $10 |
| Interest Expense | $31.7K |
| Other Income/Expenses | -$31.7K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $406.1K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $349.9K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $2M |
| Interest Income | $10 |
| Interest Expense | $31.7K |
| Other Income/Expenses | -$31.7K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $406.1K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $349.9K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $349.9K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $119.8K |
| Other Non-Cash Items | -$742.9K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$401.9K |
| Capital Expenditure | -$17.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$817.9K |
| NET CASH FROM INVESTING | -$817.9K |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$419.8K |
| Net Change in Cash | $980.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $14M |
| Inventory | $15M |
| Other Current Assets | $296.1K |
| TOTAL CURRENT ASSETS | $31M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $473.6K |
| Long-Term Investments | $39.6K |
| Tax Assets | $472.6K |
| Other Non-Current Assets | $256.2K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $39M |
| Account Payables | $6M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $136.6K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $12M |
| Common Stock | $6.6K |
| Additional Paid-In Capital | $19M |
| Retained Earnings | $13M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27M |
| Minority Interest | $0 |
| TOTAL EQUITY | $27M |
| TOTAL LIABILITIES & EQUITY | $39M |
| Total Debt | $5M |
| Net Debt | $3M |
