| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | $31M | $28M | 7.1% | 19.1% |
| Op. Income | -$784.0K | -$1M | -$255.0K | 32.5% | -207.5% |
| Gross Margin | 24.2% | 24.3% | 29.5% | -0.2pp | -5.4pp |
| Net Margin | -3.5% | -7.4% | -1.9% | 3.9pp | -1.7pp |
| EPS (Diluted) | $-0.20 | $-0.30 | $-0.06 | 33.3% | -239.0% |
| Free Cash Flow | $606.0K | $2M | $594.0K | -65.9% | 2.0% |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $8M |
| R&D Expenses | $1M |
| Selling & Marketing | $1M |
| General & Administrative | $6M |
| SG&A Expenses | $7M |
| Other Expenses | $768.0K |
| Operating Expenses | $9M |
| Cost & Expenses | $34M |
| OPERATING INCOME | -$784.0K |
| Interest Income | $0 |
| Interest Expense | $859.0K |
| Other Income/Expenses | -$724.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $49.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $1M |
| EBIT | -$649.0K |
| EBITDA | $763.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$869.0K |
| Change in Working Capital | $352.0K |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$736.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$736.0K |
| Net Debt Issuance | -$170.0K |
| Common Stock Repurchased | -$749.0K |
| Common Dividends Paid | -$509.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $606.0K |
| Net Change in Cash | -$822.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $15M |
| Inventory | $3M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $26M |
| PP&E (Net) | $4M |
| Goodwill | $23M |
| Intangible Assets | $12M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $400.0K |
| TOTAL NON-CURRENT ASSETS | $39M |
| TOTAL ASSETS | $65M |
| Account Payables | $14M |
| Short-Term Debt | $8M |
| Deferred Revenue | $675.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $48M |
| Long-Term Debt | $601.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $339.0K |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $58M |
| Common Stock | $98.0K |
| Additional Paid-In Capital | $230M |
| Retained Earnings | -$241M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $13M |
| TOTAL STOCKHOLDERS' EQUITY | -$4M |
| Minority Interest | $10M |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $65M |
| Total Debt | $8M |
| Net Debt | $2M |
