| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $48M | $50M | $41M | -4.6% | 15.7% |
| Op. Income | -$4M | $111.0K | -$2M | -3302.7% | -81.4% |
| Gross Margin | 72.9% | 68.3% | 67.3% | 4.6pp | 5.6pp |
| Net Margin | -6.3% | 1.1% | -1.0% | -7.4pp | -5.4pp |
| EPS (Diluted) | $-0.08 | $0.01 | $-0.01 | -662.3% | -660.8% |
| Free Cash Flow | $437.0K | -$4M | -$4M | 110.3% | 111.2% |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $35M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | $378.0K |
| Operating Expenses | $38M |
| Cost & Expenses | $51M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $311.0K |
| Other Income/Expenses | $559.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $36.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $2M |
| EBIT | -$3M |
| EBITDA | -$944.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$312.0K |
| Other Non-Cash Items | $428.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$130M |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$124M |
| Net Debt Issuance | $69M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $68M |
| FREE CASH FLOW | $437.0K |
| Net Change in Cash | -$47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $10M |
| Net Receivables | $73M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $141M |
| PP&E (Net) | $60M |
| Goodwill | $97M |
| Intangible Assets | $58M |
| Long-Term Investments | $16M |
| Tax Assets | $215.0K |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $249M |
| TOTAL ASSETS | $390M |
| Account Payables | $9M |
| Short-Term Debt | $2M |
| Deferred Revenue | $27M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $64M |
| Long-Term Debt | $66M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $77M |
| TOTAL LIABILITIES | $141M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $512M |
| Retained Earnings | -$97M |
| Treasury Stock | -$163M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $249M |
| Minority Interest | $0 |
| TOTAL EQUITY | $249M |
| TOTAL LIABILITIES & EQUITY | $390M |
| Total Debt | $73M |
| Net Debt | $30M |
