| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $12M | $12M | 0.5% | -1.5% |
| Op. Income | $5M | $5M | $7M | -11.1% | -28.9% |
| Gross Margin | 92.8% | 92.2% | 91.8% | 0.6pp | 1.0pp |
| Net Margin | 7.0% | 13.3% | 31.1% | -6.2pp | -24.1pp |
| EPS (Diluted) | $-0.01 | $0.06 | $0.33 | -123.0% | -104.0% |
| Free Cash Flow | $3M | $5M | $3M | -43.6% | 5.7% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $846.0K |
| GROSS PROFIT | $11M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $4M |
| Operating Expenses | $6M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $5M |
| Interest Income | $62.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $829.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $829.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $829.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$132.0K |
| D&A | $4M |
| EBIT | $5M |
| EBITDA | $9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $846.0K |
| GROSS PROFIT | $11M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $4M |
| Operating Expenses | $6M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $5M |
| Interest Income | $62.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $829.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $829.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $829.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$132.0K |
| D&A | $4M |
| EBIT | $5M |
| EBITDA | $9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $829.0K |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $484.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$159.0K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $250.0K |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$864.0K |
| Net Debt Issuance | -$137.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$70.0K |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $20M |
| Inventory | $22M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $48M |
| PP&E (Net) | $153.0K |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $9M |
| Tax Assets | $0 |
| Other Non-Current Assets | $448M |
| TOTAL NON-CURRENT ASSETS | $459M |
| TOTAL ASSETS | $507M |
| Account Payables | $743.0K |
| Short-Term Debt | $249M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $61.0K |
| TOTAL CURRENT LIABILITIES | $255M |
| Long-Term Debt | $31M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $39M |
| TOTAL LIABILITIES | $293M |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $334M |
| Retained Earnings | -$157M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $171M |
| Minority Interest | $42M |
| TOTAL EQUITY | $213M |
| TOTAL LIABILITIES & EQUITY | $507M |
| Total Debt | $280M |
| Net Debt | $274M |
