| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $46M | $44M | $41M | 3.7% | 13.2% |
| Op. Income | $8M | $4M | $4M | 78.7% | 112.3% |
| Gross Margin | 53.2% | 46.3% | 48.8% | 7.0pp | 4.5pp |
| Net Margin | 13.0% | 6.6% | 5.9% | 6.3pp | 7.0pp |
| EPS (Diluted) | $0.25 | $0.12 | $0.11 | 108.3% | 127.3% |
| Free Cash Flow | $13M | $22M | -$315.0K | -42.2% | 4205.7% |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $83.0K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $8M |
| Operating Expenses | $17M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $8M |
| Interest Income | $44M |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| 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 | $1M |
| EBIT | $8M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $83.0K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $8M |
| Operating Expenses | $17M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $8M |
| Interest Income | $44M |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| 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 | $1M |
| EBIT | $8M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$37.0K |
| Other Non-Cash Items | -$859.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$154.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $14M |
| Other Investing Activities | -$81M |
| NET CASH FROM INVESTING | -$68M |
| Net Debt Issuance | -$75M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $120M |
| NET CASH FROM FINANCING | $45M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $130M |
| Short-Term Investments | $104M |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $253M |
| PP&E (Net) | $46M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2.7B |
| Tax Assets | $12M |
| Other Non-Current Assets | $42M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.0B |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $521M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $566M |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $249.0K |
| Additional Paid-In Capital | $208M |
| Retained Earnings | $113M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | -$14M |
| Other Equity | -$12M |
| TOTAL STOCKHOLDERS' EQUITY | $514M |
| Minority Interest | $0 |
| TOTAL EQUITY | $514M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $552M |
| Net Debt | $422M |
