| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $32M | $20M | -32.1% | 11.4% |
| Op. Income | -$2M | $4M | -$5M | -158.2% | 58.0% |
| Gross Margin | 60.9% | 68.1% | 62.0% | -7.3pp | -1.1pp |
| Net Margin | -10.0% | -0.2% | -35.0% | -9.8pp | 25.0pp |
| EPS (Diluted) | $-0.12 | $-0.00 | $-0.38 | -2900.0% | 68.4% |
| Free Cash Flow | $4M | $78.0K | $2M | 4819.2% | 95.3% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $13M |
| R&D Expenses | $91.0K |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $1M |
| Operating Expenses | $15M |
| Cost & Expenses | $24M |
| OPERATING INCOME | -$2M |
| Interest Income | $88.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $1M |
| EBIT | -$2M |
| EBITDA | -$893.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $174.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$27.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$57.0K |
| NET CASH FROM INVESTING | -$84.0K |
| Net Debt Issuance | -$500.0K |
| Common Stock Repurchased | -$87.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$587.0K |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $33M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $52M |
| PP&E (Net) | $453.0K |
| Goodwill | $71M |
| Intangible Assets | $45M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $229.0K |
| TOTAL NON-CURRENT ASSETS | $116M |
| TOTAL ASSETS | $168M |
| Account Payables | $3M |
| Short-Term Debt | $3M |
| Deferred Revenue | $511.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $29M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $33M |
| TOTAL LIABILITIES | $51M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $203M |
| Retained Earnings | -$87M |
| Treasury Stock | -$2.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $116M |
| Minority Interest | $0 |
| TOTAL EQUITY | $116M |
| TOTAL LIABILITIES & EQUITY | $168M |
| Total Debt | $33M |
| Net Debt | $16M |
