| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $17M | $20M | -24.7% | -35.6% |
| Op. Income | $544.5K | $1M | $186.7K | -54.4% | 191.7% |
| Gross Margin | 27.4% | 26.4% | 30.1% | 1.0pp | -2.7pp |
| Net Margin | 14.1% | 8.9% | 5.6% | 5.2pp | 8.5pp |
| EPS (Diluted) | $0.66 | $0.09 | $0.73 | 671.9% | -9.6% |
| Free Cash Flow | $2M | $2M | -$350.8K | -8.8% | 711.4% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $4M |
| R&D Expenses | $2M |
| Selling & Marketing | $78.1K |
| General & Administrative | $624.1K |
| SG&A Expenses | $702.2K |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $12M |
| OPERATING INCOME | $544.5K |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $157.7K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $11.3K |
| EBIT | $544.5K |
| EBITDA | $555.8K |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $4M |
| R&D Expenses | $2M |
| Selling & Marketing | $78.1K |
| General & Administrative | $624.1K |
| SG&A Expenses | $702.2K |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $12M |
| OPERATING INCOME | $544.5K |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $157.7K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $11.3K |
| EBIT | $544.5K |
| EBITDA | $555.8K |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $48.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $33.4K |
| Change in Working Capital | $239.9K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$22M |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $74M |
| NET CASH FROM FINANCING | $74M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $250M |
| Short-Term Investments | $65M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $308.6K |
| TOTAL CURRENT ASSETS | $326M |
| PP&E (Net) | $208.9K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $13.4K |
| Tax Assets | $0 |
| Other Non-Current Assets | $62.9K |
| TOTAL NON-CURRENT ASSETS | $285.2K |
| TOTAL ASSETS | $326M |
| Account Payables | $2M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $53.2K |
| TOTAL LIABILITIES | $10M |
| Common Stock | $74M |
| Additional Paid-In Capital | $247M |
| Retained Earnings | $145.0K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $313M |
| Minority Interest | $3M |
| TOTAL EQUITY | $316M |
| TOTAL LIABILITIES & EQUITY | $326M |
| Total Debt | $4M |
| Net Debt | -$245M |
