| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $48M | $53M | $46M | -10.7% | 2.7% |
| Op. Income | $6M | $9M | $3M | -34.6% | 93.4% |
| Gross Margin | 63.3% | 57.9% | 47.1% | 5.4pp | 16.3pp |
| Net Margin | 9.9% | 13.4% | 5.2% | -3.6pp | 4.7pp |
| EPS (Diluted) | $0.39 | $0.61 | $0.21 | -36.1% | 85.7% |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $30M |
| R&D Expenses | $0 |
| Selling & Marketing | $692.0K |
| General & Administrative | $19M |
| SG&A Expenses | $20M |
| Other Expenses | $4M |
| Operating Expenses | $24M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $6M |
| Interest Income | $41M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $0 |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $30M |
| R&D Expenses | $0 |
| Selling & Marketing | $692.0K |
| General & Administrative | $19M |
| SG&A Expenses | $20M |
| Other Expenses | $4M |
| Operating Expenses | $24M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $6M |
| Interest Income | $41M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $0 |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $0 |
| Net Receivables | $2.2B |
| Inventory | $39M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $12M |
| Goodwill | $899.0K |
| Intangible Assets | $3M |
| Long-Term Investments | $238M |
| Tax Assets | $5M |
| Other Non-Current Assets | $79M |
| TOTAL NON-CURRENT ASSETS | $337M |
| TOTAL ASSETS | $2.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $171M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $171M |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $14M |
| Additional Paid-In Capital | $91M |
| Retained Earnings | $131M |
| Treasury Stock | -$26M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | -$1M |
| TOTAL STOCKHOLDERS' EQUITY | $203M |
| Minority Interest | $0 |
| TOTAL EQUITY | $203M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $171M |
| Net Debt | $142M |
