| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $55M | $57M | $58M | -4.6% | -6.1% |
| Op. Income | $3M | $5M | $11M | -36.9% | -71.7% |
| Gross Margin | 39.7% | 39.6% | 48.6% | 0.1pp | -8.8pp |
| Net Margin | 4.2% | 7.7% | 13.8% | -3.5pp | -9.6pp |
| EPS (Diluted) | $0.13 | $0.25 | $0.43 | -48.0% | -69.8% |
| Free Cash Flow | $8M | $17M | $5M | -56.0% | 61.6% |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $197.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $7M |
| Operating Expenses | $19M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $3M |
| Interest Income | $52M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $900.0K |
| 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 | $2M |
| EBIT | $3M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $197.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $7M |
| Operating Expenses | $19M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $3M |
| Interest Income | $52M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $900.0K |
| 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 | $2M |
| EBIT | $3M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $255.0K |
| Deferred Income Tax | -$943.0K |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$180.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$42M |
| Sales/Maturities of Investments | $89M |
| Other Investing Activities | -$89M |
| NET CASH FROM INVESTING | -$42M |
| Net Debt Issuance | -$40M |
| Common Stock Repurchased | -$213.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $59M |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $239M |
| Short-Term Investments | $378M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $618M |
| PP&E (Net) | $51M |
| Goodwill | $71M |
| Intangible Assets | $2M |
| Long-Term Investments | $3.1B |
| Tax Assets | $19M |
| Other Non-Current Assets | $151M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.1B |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $295M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $356M |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $260M |
| Additional Paid-In Capital | $3M |
| Retained Earnings | $264M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $510M |
| Minority Interest | $72.0K |
| TOTAL EQUITY | $510M |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $323M |
| Net Debt | $84M |
