| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $53M | $54M | $51M | -2.1% | 3.4% |
| Op. Income | $7M | $7M | $3M | 0.3% | 104.2% |
| Gross Margin | 48.8% | 47.2% | 42.1% | 1.6pp | 6.7pp |
| Net Margin | 10.0% | 10.4% | 4.9% | -0.5pp | 5.0pp |
| EPS (Diluted) | $0.65 | $0.70 | $0.31 | -7.1% | 109.7% |
| Free Cash Flow | $7M | -$2M | -$3M | 467.5% | 332.2% |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $374.0K |
| General & Administrative | $509.0K |
| SG&A Expenses | $883.0K |
| Other Expenses | $18M |
| Operating Expenses | $19M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $7M |
| Interest Income | $50M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $1M |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $374.0K |
| General & Administrative | $509.0K |
| SG&A Expenses | $883.0K |
| Other Expenses | $18M |
| Operating Expenses | $19M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $7M |
| Interest Income | $50M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $1M |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $537.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$141.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$437.0K |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$52M |
| NET CASH FROM INVESTING | -$50M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $185M |
| NET CASH FROM FINANCING | $185M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $142M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $41M |
| Short-Term Investments | $465.0K |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $42M |
| PP&E (Net) | $87M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.8B |
| Tax Assets | $13M |
| Other Non-Current Assets | $351M |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.6B |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $265M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $61M |
| TOTAL NON-CURRENT LIABILITIES | $326M |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $82.0K |
| Additional Paid-In Capital | $125M |
| Retained Earnings | $226M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | -$3M |
| TOTAL STOCKHOLDERS' EQUITY | $338M |
| Minority Interest | $0 |
| TOTAL EQUITY | $338M |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $265M |
| Net Debt | $223M |
