| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $82M | $94M | $76M | -11.9% | 7.8% |
| Op. Income | -$17M | -$3M | -$16M | -399.6% | -7.2% |
| Gross Margin | 49.1% | 52.2% | 55.3% | -3.1pp | -6.2pp |
| Net Margin | -16.9% | -4.4% | -15.2% | -12.5pp | -1.6pp |
| EPS (Diluted) | $-0.09 | $-0.02 | $-0.07 | -259.4% | -30.7% |
| Free Cash Flow | $4M | $11M | $10M | -65.6% | -65.3% |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $40M |
| R&D Expenses | $18M |
| Selling & Marketing | $23M |
| General & Administrative | $17M |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $58M |
| Cost & Expenses | $99M |
| OPERATING INCOME | -$17M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $956.0K |
| EBIT | -$17M |
| EBITDA | -$16M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $956.0K |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$618.0K |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$208.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$78M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | $16.0K |
| NET CASH FROM INVESTING | -$66M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$21M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$84M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $287M |
| Short-Term Investments | $70M |
| Net Receivables | $32M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $400M |
| PP&E (Net) | $37M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $60M |
| TOTAL ASSETS | $460M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $57M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $43M |
| TOTAL LIABILITIES | $100M |
| Common Stock | $0 |
| Additional Paid-In Capital | $995M |
| Retained Earnings | -$460M |
| Treasury Stock | -$175M |
| Accum. Other Comp. Income | -$270.0K |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $359M |
| Minority Interest | $0 |
| TOTAL EQUITY | $359M |
| TOTAL LIABILITIES & EQUITY | $460M |
| Total Debt | $26M |
| Net Debt | -$261M |
