| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $81M | $81M | $72M | -0.3% | 12.6% |
| Op. Income | $18M | $19M | $12M | -8.9% | 44.7% |
| Gross Margin | 57.3% | 55.4% | 52.6% | 1.8pp | 4.7pp |
| Net Margin | 15.7% | 19.3% | 12.1% | -3.6pp | 3.5pp |
| EPS (Diluted) | $0.33 | $0.40 | $0.22 | -17.5% | 50.0% |
| Free Cash Flow | $10M | $20M | -$12M | -50.4% | 184.3% |
| Item | Amount |
|---|---|
| REVENUE | $81M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $9M |
| Operating Expenses | $29M |
| Cost & Expenses | $63M |
| OPERATING INCOME | $18M |
| Interest Income | $77M |
| Interest Expense | $33M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $730.0K |
| EBIT | $18M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $81M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $9M |
| Operating Expenses | $29M |
| Cost & Expenses | $63M |
| OPERATING INCOME | $18M |
| Interest Income | $77M |
| Interest Expense | $33M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $730.0K |
| EBIT | $18M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $730.0K |
| Stock-Based Compensation | $783.0K |
| Deferred Income Tax | -$9.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$108.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | -$134M |
| NET CASH FROM INVESTING | -$139M |
| Net Debt Issuance | -$30M |
| Common Stock Repurchased | -$41M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $149M |
| NET CASH FROM FINANCING | $78M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | -$50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $201M |
| Short-Term Investments | $56M |
| Net Receivables | $20M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $276M |
| PP&E (Net) | $34M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $4.6B |
| Tax Assets | $30M |
| Other Non-Current Assets | $272M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.3B |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $91M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $81M |
| TOTAL NON-CURRENT LIABILITIES | $171M |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $406.0K |
| Additional Paid-In Capital | $377M |
| Retained Earnings | $413M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | -$44M |
| TOTAL STOCKHOLDERS' EQUITY | $740M |
| Minority Interest | $0 |
| TOTAL EQUITY | $740M |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $91M |
| Net Debt | -$110M |
