| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $47M | $49M | — | -3.5% | — |
| Op. Income | $3M | $3M | — | -11.7% | — |
| Gross Margin | 79.9% | 79.5% | — | 0.4pp | — |
| Net Margin | 3.9% | 2.7% | — | 1.2pp | — |
| EPS (Diluted) | $0.14 | $0.10 | — | 40.0% | — |
| Free Cash Flow | -$932.0K | $2M | — | -140.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $20M |
| Operating Expenses | $35M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $3M |
| Interest Income | $59.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $8.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $752.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $797.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $20M |
| Operating Expenses | $35M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $3M |
| Interest Income | $59.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $8.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $752.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $797.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $797.0K |
| Stock-Based Compensation | $917.0K |
| Deferred Income Tax | -$515.0K |
| Other Non-Cash Items | $357.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$583.0K |
| Capital Expenditure | -$349.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4.0K |
| NET CASH FROM INVESTING | -$345.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$500.0K |
| Other Financing Activities | $133.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$932.0K |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $17M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $39M |
| PP&E (Net) | $17M |
| Goodwill | $0 |
| Intangible Assets | $290.0K |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $685.0K |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $61M |
| Account Payables | $5M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $225.0K |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $34M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $137M |
| Retained Earnings | -$109M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $28M |
| Minority Interest | $0 |
| TOTAL EQUITY | $28M |
| TOTAL LIABILITIES & EQUITY | $61M |
| Total Debt | $13M |
| Net Debt | -$1M |
