| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $5M | $6M | -3.9% | -13.3% |
| Op. Income | $370.0K | $1M | $1M | -72.0% | -70.2% |
| Gross Margin | 50.2% | 55.6% | 48.4% | -5.4pp | 1.8pp |
| Net Margin | 9.8% | 23.8% | 23.1% | -14.0pp | -13.3pp |
| EPS (Diluted) | $0.02 | $0.06 | $0.07 | -60.2% | -63.4% |
| Free Cash Flow | $680.0K | $305.0K | $877.0K | 123.0% | -22.5% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $894.0K |
| Selling & Marketing | $356.0K |
| General & Administrative | $889.0K |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $370.0K |
| Interest Income | $174.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $174.0K |
| INCOME BEFORE TAX | $544.0K |
| Income Tax Expense | $54.0K |
| Net Income from Continuing Ops | $490.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $490.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $490.0K |
| D&A | $74.0K |
| EBIT | $544.0K |
| EBITDA | $618.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $894.0K |
| Selling & Marketing | $356.0K |
| General & Administrative | $889.0K |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $370.0K |
| Interest Income | $174.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $174.0K |
| INCOME BEFORE TAX | $544.0K |
| Income Tax Expense | $54.0K |
| Net Income from Continuing Ops | $490.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $490.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $490.0K |
| D&A | $74.0K |
| EBIT | $544.0K |
| EBITDA | $618.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $490.0K |
| Depreciation & Amortization | $74.0K |
| Stock-Based Compensation | $58.0K |
| Deferred Income Tax | -$33.0K |
| Other Non-Cash Items | $13.0K |
| Change in Working Capital | $83.0K |
| OPERATING CASH FLOW | $685.0K |
| Capital Expenditure | -$5.0K |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$285.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $680.0K |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $12M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $975.0K |
| Goodwill | $9M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $125.0K |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $33M |
| Account Payables | $733.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $292.0K |
| Deferred Tax Liabilities | $513.0K |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $12M |
| Common Stock | $54.0K |
| Additional Paid-In Capital | $28M |
| Retained Earnings | -$6M |
| Treasury Stock | -$815.0K |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21M |
| Minority Interest | $0 |
| TOTAL EQUITY | $21M |
| TOTAL LIABILITIES & EQUITY | $33M |
| Total Debt | $789.0K |
| Net Debt | -$3M |
