| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | $37M | $35M | -9.1% | -5.0% |
| Op. Income | $9M | $10M | $9M | -10.3% | -1.9% |
| Gross Margin | 56.5% | 61.1% | 60.8% | -4.6pp | -4.3pp |
| Net Margin | 17.2% | 17.8% | 18.0% | -0.5pp | -0.8pp |
| EPS (Diluted) | $0.25 | $0.28 | $0.27 | -10.7% | -7.4% |
| Free Cash Flow | $4M | $2M | $8M | 89.1% | -53.7% |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $9M |
| Interest Income | $19.0K |
| Interest Expense | $899.0K |
| Other Income/Expenses | -$873.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $2M |
| EBIT | $9M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $9M |
| Interest Income | $19.0K |
| Interest Expense | $899.0K |
| Other Income/Expenses | -$873.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $2M |
| EBIT | $9M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $171.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $113.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$210.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $588.0K |
| TOTAL CURRENT ASSETS | $20M |
| PP&E (Net) | $42M |
| Goodwill | $66M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $115M |
| TOTAL ASSETS | $135M |
| Account Payables | $2M |
| Short-Term Debt | $7M |
| Deferred Revenue | $16M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $38M |
| Long-Term Debt | $59M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $68M |
| TOTAL LIABILITIES | $106M |
| Common Stock | $31.0K |
| Additional Paid-In Capital | $181M |
| Retained Earnings | -$14M |
| Treasury Stock | -$137M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $30M |
| Minority Interest | $0 |
| TOTAL EQUITY | $30M |
| TOTAL LIABILITIES & EQUITY | $135M |
| Total Debt | $65M |
| Net Debt | $63M |
