| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $154M | $146M | $136M | 5.2% | 12.8% |
| Op. Income | -$45.0K | $295.0K | $228.0K | -115.3% | -119.7% |
| Gross Margin | 22.6% | 22.6% | 21.0% | -0.0pp | 1.6pp |
| Net Margin | -3.0% | -3.4% | -4.2% | 0.5pp | 1.2pp |
| EPS (Diluted) | $-0.07 | $-0.08 | $-0.09 | 11.8% | 21.6% |
| Free Cash Flow | -$8M | $879.0K | $430.0K | -1021.7% | -1984.2% |
| Item | Amount |
|---|---|
| REVENUE | $154M |
| Cost of Revenue | $119M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | $8M |
| Operating Expenses | $35M |
| Cost & Expenses | $154M |
| OPERATING INCOME | -$45.0K |
| Interest Income | $586.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $78.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $6M |
| EBIT | $541.0K |
| EBITDA | $7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$446.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | $282.0K |
| Net Debt Issuance | -$12M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $50M |
| Short-Term Investments | $0 |
| Net Receivables | $77M |
| Inventory | $20M |
| Other Current Assets | -$26M |
| TOTAL CURRENT ASSETS | $167M |
| PP&E (Net) | $42M |
| Goodwill | $147M |
| Intangible Assets | $114M |
| Long-Term Investments | $77M |
| Tax Assets | $4M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $385M |
| TOTAL ASSETS | $552M |
| Account Payables | $13M |
| Short-Term Debt | $14M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $96M |
| Long-Term Debt | $145M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $39M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $192M |
| TOTAL LIABILITIES | $288M |
| Common Stock | $83.0K |
| Additional Paid-In Capital | $346M |
| Retained Earnings | $306M |
| Treasury Stock | -$290M |
| Accum. Other Comp. Income | -$178M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $264M |
| Minority Interest | $0 |
| TOTAL EQUITY | $264M |
| TOTAL LIABILITIES & EQUITY | $552M |
| Total Debt | $166M |
| Net Debt | $116M |
