| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $19M | $17M | 22.5% | 35.5% |
| Op. Income | $4M | $2M | $2M | 134.9% | 190.7% |
| Gross Margin | 30.7% | 23.7% | 23.3% | 7.1pp | 7.4pp |
| Net Margin | 14.7% | 7.5% | 6.8% | 7.1pp | 7.8pp |
| EPS (Diluted) | $0.62 | $0.26 | $0.21 | 138.5% | 195.2% |
| Free Cash Flow | $2M | -$1M | -$3M | 224.3% | 163.1% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $4M |
| Interest Income | $7.0K |
| Interest Expense | $55.0K |
| Other Income/Expenses | -$39.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.0K |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $671.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $4M |
| Interest Income | $7.0K |
| Interest Expense | $55.0K |
| Other Income/Expenses | -$39.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.0K |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $671.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $671.0K |
| Stock-Based Compensation | $4.0K |
| Deferred Income Tax | -$10.0K |
| Other Non-Cash Items | $92.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$595.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$595.0K |
| Net Debt Issuance | -$164.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$164.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $24M |
| Inventory | $7M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $42M |
| PP&E (Net) | $33M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $432.0K |
| TOTAL NON-CURRENT ASSETS | $33M |
| TOTAL ASSETS | $75M |
| Account Payables | $6M |
| Short-Term Debt | $661.0K |
| Deferred Revenue | $7M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $484.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $30M |
| Common Stock | $54.0K |
| Additional Paid-In Capital | $8M |
| Retained Earnings | $37M |
| Treasury Stock | -$102.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $45M |
| Minority Interest | $0 |
| TOTAL EQUITY | $45M |
| TOTAL LIABILITIES & EQUITY | $75M |
| Total Debt | $5M |
| Net Debt | -$4M |
