| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $22M | $18M | -5.3% | 15.2% |
| Op. Income | $9M | $9M | $7M | -0.9% | 27.3% |
| Gross Margin | 48.0% | 46.6% | 44.3% | 1.4pp | 3.6pp |
| Net Margin | 27.4% | 25.4% | 18.3% | 2.0pp | 9.1pp |
| EPS (Diluted) | $0.16 | $0.16 | $0.09 | 0.0% | 75.1% |
| Free Cash Flow | $3M | $387.0K | $4M | 689.1% | -30.2% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $9M |
| Interest Income | $8.0K |
| Interest Expense | $747.0K |
| Other Income/Expenses | -$774.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $4M |
| EBIT | $8M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $9M |
| Interest Income | $8.0K |
| Interest Expense | $747.0K |
| Other Income/Expenses | -$774.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $4M |
| EBIT | $8M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $237.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$213.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | -$130.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $59.0K |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $564.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $631.0K |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $231.0K |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $241M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $18.0K |
| TOTAL NON-CURRENT ASSETS | $241M |
| TOTAL ASSETS | $255M |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $27M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $40M |
| TOTAL LIABILITIES | $59M |
| Common Stock | $295M |
| Additional Paid-In Capital | $26M |
| Retained Earnings | -$126M |
| Treasury Stock | -$33.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $195M |
| Minority Interest | $0 |
| TOTAL EQUITY | $195M |
| TOTAL LIABILITIES & EQUITY | $255M |
| Total Debt | $29M |
| Net Debt | $24M |
