| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $46M | $53M | $45M | -12.8% | 2.9% |
| Op. Income | $3M | $8M | $4M | -58.6% | -11.5% |
| Gross Margin | 47.1% | 54.4% | 48.1% | -7.3pp | -1.0pp |
| Net Margin | 5.2% | 10.5% | 5.9% | -5.3pp | -0.8pp |
| EPS (Diluted) | $0.21 | $0.49 | $0.24 | -57.1% | -12.5% |
| Free Cash Flow | $18M | -$1M | -$4M | 1800.8% | 593.9% |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $779.0K |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | $7M |
| Operating Expenses | $19M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $3M |
| Interest Income | $39M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $746.0K |
| 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 | $332.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $779.0K |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | $7M |
| Operating Expenses | $19M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $3M |
| Interest Income | $39M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $746.0K |
| 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 | $332.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $332.0K |
| Stock-Based Compensation | $118.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$259.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$41M |
| NET CASH FROM INVESTING | -$52M |
| Net Debt Issuance | $15M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $123M |
| NET CASH FROM FINANCING | $137M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $104M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $131M |
| Short-Term Investments | $86M |
| Net Receivables | $75M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $291M |
| PP&E (Net) | $12M |
| Goodwill | $899.0K |
| Intangible Assets | $3M |
| Long-Term Investments | $2.1B |
| Tax Assets | $5M |
| Other Non-Current Assets | $68M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.1B |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $189M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $219M |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $13M |
| Additional Paid-In Capital | $82M |
| Retained Earnings | $113M |
| Treasury Stock | -$26M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | -$1M |
| TOTAL STOCKHOLDERS' EQUITY | $173M |
| Minority Interest | $0 |
| TOTAL EQUITY | $173M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $189M |
| Net Debt | $59M |
