| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | -$57M | $31M | 142.9% | -20.7% |
| Op. Income | $762.0K | -$79M | $7M | 101.0% | -89.6% |
| Gross Margin | 75.1% | 111.0% | 81.3% | -35.9pp | -6.2pp |
| Net Margin | 2.5% | 253.7% | 16.5% | -251.2pp | -14.0pp |
| EPS (Diluted) | $0.01 | $-1.21 | $0.04 | 100.4% | -87.0% |
| Free Cash Flow | -$4M | -$5M | $10M | 2.0% | -142.9% |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $18M |
| R&D Expenses | $2M |
| Selling & Marketing | $4M |
| General & Administrative | $11M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $24M |
| OPERATING INCOME | $762.0K |
| Interest Income | $3M |
| Interest Expense | $3M |
| Other Income/Expenses | -$89.0K |
| INCOME BEFORE TAX | $673.0K |
| Income Tax Expense | $56.0K |
| Net Income from Continuing Ops | $617.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $617.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $617.0K |
| D&A | $544.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $18M |
| R&D Expenses | $2M |
| Selling & Marketing | $4M |
| General & Administrative | $11M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $24M |
| OPERATING INCOME | $762.0K |
| Interest Income | $3M |
| Interest Expense | $3M |
| Other Income/Expenses | -$89.0K |
| INCOME BEFORE TAX | $673.0K |
| Income Tax Expense | $56.0K |
| Net Income from Continuing Ops | $617.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $617.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $617.0K |
| D&A | $544.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $617.0K |
| Depreciation & Amortization | $544.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $445.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$606.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$561.0K |
| NET CASH FROM INVESTING | -$606.0K |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$758.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $236M |
| Short-Term Investments | $0 |
| Net Receivables | $28M |
| Inventory | $0 |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $278M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $5M |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $304M |
| Account Payables | $352.0K |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $45M |
| Long-Term Debt | $130M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $46M |
| TOTAL NON-CURRENT LIABILITIES | $180M |
| TOTAL LIABILITIES | $224M |
| Common Stock | $1M |
| Additional Paid-In Capital | $498M |
| Retained Earnings | -$328M |
| Treasury Stock | -$91M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $80M |
| Minority Interest | $0 |
| TOTAL EQUITY | $80M |
| TOTAL LIABILITIES & EQUITY | $304M |
| Total Debt | $141M |
| Net Debt | -$95M |
