| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $61M | $53M | — | 16.6% | — |
| Op. Income | $448.0K | -$2M | — | 124.4% | — |
| Gross Margin | 71.1% | 66.4% | — | 4.6pp | — |
| Net Margin | -1.8% | -5.9% | — | 4.1pp | — |
| EPS (Diluted) | $-0.03 | $-0.08 | — | 66.4% | — |
| Free Cash Flow | $6M | $3M | — | 71.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $61M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $22M |
| SG&A Expenses | $23M |
| Other Expenses | $20M |
| Operating Expenses | $43M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $448.0K |
| Interest Income | $149.7K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $30.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $13M |
| EBIT | $710.0K |
| EBITDA | $13M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $207.0K |
| Deferred Income Tax | $2.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$922.0K |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $33.0K |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$25.0K |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$723.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $28M |
| Inventory | $20M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $70M |
| PP&E (Net) | $54M |
| Goodwill | $51M |
| Intangible Assets | $66M |
| Long-Term Investments | $1M |
| Tax Assets | -$103.0K |
| Other Non-Current Assets | $345.0K |
| TOTAL NON-CURRENT ASSETS | $173M |
| TOTAL ASSETS | $243M |
| Account Payables | $27M |
| Short-Term Debt | $16M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $57M |
| Long-Term Debt | $66M |
| Deferred Revenue NC | -$27.3K |
| Deferred Tax Liabilities | $204.0K |
| Other Non-Current Liabilities | $84.0K |
| TOTAL NON-CURRENT LIABILITIES | $79M |
| TOTAL LIABILITIES | $137M |
| Common Stock | $0 |
| Additional Paid-In Capital | $278M |
| Retained Earnings | -$172M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $106M |
| Minority Interest | $0 |
| TOTAL EQUITY | $106M |
| TOTAL LIABILITIES & EQUITY | $243M |
| Total Debt | $101M |
| Net Debt | $85M |
