| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $78M | $77M | $74M | 1.1% | 4.3% |
| Op. Income | $671.1K | -$1M | $3M | 145.3% | -77.8% |
| Gross Margin | 55.3% | 55.4% | 56.5% | -0.0pp | -1.1pp |
| Net Margin | -0.8% | 4.4% | 5.6% | -5.2pp | -6.4pp |
| EPS (Diluted) | $-0.01 | $0.06 | $0.07 | -118.5% | -114.9% |
| Free Cash Flow | $9M | -$2M | $8M | 610.8% | 10.4% |
| Item | Amount |
|---|---|
| REVENUE | $78M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $43M |
| R&D Expenses | $13M |
| Selling & Marketing | $18M |
| General & Administrative | $12M |
| SG&A Expenses | $29M |
| Other Expenses | -$419.7K |
| Operating Expenses | $42M |
| Cost & Expenses | $77M |
| OPERATING INCOME | $671.1K |
| Interest Income | $2M |
| Interest Expense | $3M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$351.9K |
| Income Tax Expense | $273.6K |
| Net Income from Continuing Ops | -$625.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$623.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$623.2K |
| D&A | $6M |
| EBIT | $3M |
| EBITDA | $9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$625.5K |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $84.2K |
| Deferred Income Tax | $266.6K |
| Other Non-Cash Items | $817.3K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$417.4K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$637.2K |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $122M |
| Short-Term Investments | $0 |
| Net Receivables | $58M |
| Inventory | $19M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $218M |
| PP&E (Net) | $138M |
| Goodwill | $51M |
| Intangible Assets | $34M |
| Long-Term Investments | $5M |
| Tax Assets | $4M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $239M |
| TOTAL ASSETS | $457M |
| Account Payables | $25M |
| Short-Term Debt | $11M |
| Deferred Revenue | $54M |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $116M |
| Long-Term Debt | $23M |
| Deferred Revenue NC | $17M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $972.8K |
| TOTAL NON-CURRENT LIABILITIES | $50M |
| TOTAL LIABILITIES | $166M |
| Common Stock | $5M |
| Additional Paid-In Capital | $273M |
| Retained Earnings | $12M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $291M |
| Minority Interest | -$98.2K |
| TOTAL EQUITY | $291M |
| TOTAL LIABILITIES & EQUITY | $457M |
| Total Debt | $43M |
| Net Debt | -$79M |
