| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $122M | $107M | $71M | 14.4% | 71.5% |
| Op. Income | $7M | $7M | $2M | -2.5% | 330.3% |
| Gross Margin | 41.0% | 45.6% | 55.8% | -4.6pp | -14.8pp |
| Net Margin | 4.7% | 6.0% | 2.7% | -1.2pp | 2.1pp |
| EPS (Diluted) | $0.18 | $0.20 | $0.06 | -10.0% | 201.5% |
| Free Cash Flow | -$14M | $19M | -$11M | -172.8% | -31.6% |
| Item | Amount |
|---|---|
| REVENUE | $122M |
| Cost of Revenue | $72M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $15M |
| General & Administrative | $8M |
| SG&A Expenses | $23M |
| Other Expenses | $20M |
| Operating Expenses | $43M |
| Cost & Expenses | $115M |
| OPERATING INCOME | $7M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| 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 | $3M |
| EBIT | $7M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $122M |
| Cost of Revenue | $72M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $15M |
| General & Administrative | $8M |
| SG&A Expenses | $23M |
| Other Expenses | $20M |
| Operating Expenses | $43M |
| Cost & Expenses | $115M |
| OPERATING INCOME | $7M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| 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 | $3M |
| EBIT | $7M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $57.0K |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$5.0K |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$24.0K |
| Common Stock Repurchased | -$79.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$769.0K |
| NET CASH FROM FINANCING | -$872.0K |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $129M |
| Short-Term Investments | $10M |
| Net Receivables | $25M |
| Inventory | $14M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $187M |
| PP&E (Net) | $29M |
| Goodwill | $97M |
| Intangible Assets | $13M |
| Long-Term Investments | $0 |
| Tax Assets | $227.0K |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $147M |
| TOTAL ASSETS | $333M |
| Account Payables | $46M |
| Short-Term Debt | $5M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $80M |
| TOTAL CURRENT LIABILITIES | $136M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $198.0K |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $144M |
| Common Stock | $37.0K |
| Additional Paid-In Capital | $278M |
| Retained Earnings | $16M |
| Treasury Stock | -$94M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $189M |
| Minority Interest | $0 |
| TOTAL EQUITY | $189M |
| TOTAL LIABILITIES & EQUITY | $333M |
| Total Debt | $14M |
| Net Debt | -$115M |
