| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $39M | $40M | $39M | -1.3% | 2.0% |
| Op. Income | $15M | $14M | $16M | 1.0% | -8.6% |
| Gross Margin | 64.0% | 59.4% | 66.5% | 4.6pp | -2.4pp |
| Net Margin | 26.8% | 25.6% | 29.4% | 1.2pp | -2.6pp |
| EPS (Diluted) | $0.78 | $0.74 | $0.86 | 5.4% | -9.3% |
| Free Cash Flow | $11M | $10M | $13M | 4.6% | -17.7% |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | $102.0K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $4M |
| Operating Expenses | $11M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $15M |
| Interest Income | $38M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $298.0K |
| EBIT | $15M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | $102.0K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $4M |
| Operating Expenses | $11M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $15M |
| Interest Income | $38M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $298.0K |
| EBIT | $15M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $298.0K |
| Stock-Based Compensation | $998.0K |
| Deferred Income Tax | -$136.0K |
| Other Non-Cash Items | -$289.0K |
| Change in Working Capital | -$495.0K |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$382.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $128.0K |
| Other Investing Activities | $87M |
| NET CASH FROM INVESTING | $86M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$84M |
| NET CASH FROM FINANCING | -$86M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $90M |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $102M |
| PP&E (Net) | $29M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $44M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $20M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $140.0K |
| Additional Paid-In Capital | $111M |
| Retained Earnings | $222M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $211.0K |
| Other Equity | -$6M |
| TOTAL STOCKHOLDERS' EQUITY | $327M |
| Minority Interest | $0 |
| TOTAL EQUITY | $327M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $5M |
| Net Debt | -$85M |
