| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $54M | $47M | $53M | 13.4% | 2.2% |
| Op. Income | $316.0K | -$114.0K | $1M | 377.2% | -78.5% |
| Gross Margin | 30.6% | 31.1% | 32.8% | -0.5pp | -2.3pp |
| Net Margin | 1.1% | -0.3% | 2.3% | 1.3pp | -1.2pp |
| EPS (Diluted) | $0.04 | $-0.01 | $0.09 | 578.8% | -52.3% |
| Free Cash Flow | -$514.0K | $6M | -$126.0K | -108.2% | -307.9% |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $316.0K |
| Interest Income | $58.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $332.0K |
| INCOME BEFORE TAX | $648.0K |
| Income Tax Expense | $58.0K |
| Net Income from Continuing Ops | $590.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $590.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $590.0K |
| D&A | $1M |
| EBIT | $314.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $316.0K |
| Interest Income | $58.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $332.0K |
| INCOME BEFORE TAX | $648.0K |
| Income Tax Expense | $58.0K |
| Net Income from Continuing Ops | $590.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $590.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $590.0K |
| D&A | $1M |
| EBIT | $314.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $590.0K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $593.0K |
| Deferred Income Tax | -$58.0K |
| Other Non-Cash Items | -$245.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $412.0K |
| Capital Expenditure | -$926.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7.0K |
| NET CASH FROM INVESTING | -$919.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$850.0K |
| Other Financing Activities | -$162.0K |
| NET CASH FROM FINANCING | -$868.0K |
| FREE CASH FLOW | -$514.0K |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $0 |
| Net Receivables | $31M |
| Inventory | $111M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $167M |
| PP&E (Net) | $23M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $197.0K |
| TOTAL NON-CURRENT ASSETS | $30M |
| TOTAL ASSETS | $198M |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $506.0K |
| TOTAL CURRENT LIABILITIES | $36M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $79.0K |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $39M |
| Common Stock | $719.0K |
| Additional Paid-In Capital | $73M |
| Retained Earnings | $84M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $159M |
| Minority Interest | $0 |
| TOTAL EQUITY | $159M |
| TOTAL LIABILITIES & EQUITY | $198M |
| Total Debt | $3M |
| Net Debt | -$20M |
