| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $104M | $108M | $69M | -3.8% | 50.6% |
| Op. Income | $11M | -$2M | -$8M | 770.6% | 250.1% |
| Gross Margin | 32.6% | 29.9% | 30.4% | 2.7pp | 2.2pp |
| Net Margin | 31.3% | 16.6% | 28.0% | 14.8pp | 3.3pp |
| EPS (Diluted) | $0.02 | $0.01 | $0.01 | 80.1% | 70.0% |
| Free Cash Flow | $30M | $71M | $587.4K | -57.5% | 5053.4% |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $70M |
| GROSS PROFIT | $34M |
| R&D Expenses | $4M |
| Selling & Marketing | $9M |
| General & Administrative | $10M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $22M |
| Cost & Expenses | $92M |
| OPERATING INCOME | $11M |
| Interest Income | $20M |
| Interest Expense | $0 |
| Other Income/Expenses | $25M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $0 |
| EBIT | $11M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $70M |
| GROSS PROFIT | $34M |
| R&D Expenses | $4M |
| Selling & Marketing | $9M |
| General & Administrative | $10M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $22M |
| Cost & Expenses | $92M |
| OPERATING INCOME | $11M |
| Interest Income | $20M |
| Interest Expense | $0 |
| Other Income/Expenses | $25M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $0 |
| EBIT | $11M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $32M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$144M |
| NET CASH FROM INVESTING | -$144M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | -$113M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $688M |
| Short-Term Investments | $504M |
| Net Receivables | $48M |
| Inventory | $17M |
| Other Current Assets | $56M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $11M |
| Goodwill | $9M |
| Intangible Assets | $7M |
| Long-Term Investments | $1.1B |
| Tax Assets | $6M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $58M |
| Short-Term Debt | $9M |
| Deferred Revenue | $811.5K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $120M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $124M |
| Common Stock | $2.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $346.7K |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $12M |
| Net Debt | -$676M |
