| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $17M | $9M | -24.4% | 41.7% |
| Op. Income | -$3M | $4M | -$3M | -179.5% | 3.9% |
| Gross Margin | 24.3% | 26.0% | 17.3% | -1.8pp | 7.0pp |
| Net Margin | -9.1% | -14.4% | -24.4% | 5.3pp | 15.3pp |
| EPS (Diluted) | $-0.52 | $-0.95 | $-0.54 | 45.3% | 3.7% |
| Free Cash Flow | $200.0K | -$4M | -$3M | 105.1% | 107.6% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $724.0K |
| Operating Expenses | $6M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $18.0K |
| Other Income/Expenses | -$519.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $1M |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $51.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $224.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $563.0K |
| Capital Expenditure | -$363.0K |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $174.0K |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$479.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $200.0K |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $21M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $41M |
| PP&E (Net) | $1M |
| Goodwill | $6M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $288.0K |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $53M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $526.0K |
| TOTAL NON-CURRENT LIABILITIES | $927.0K |
| TOTAL LIABILITIES | $14M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $495M |
| Retained Earnings | -$432M |
| Treasury Stock | -$21M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $39M |
| Minority Interest | $0 |
| TOTAL EQUITY | $39M |
| TOTAL LIABILITIES & EQUITY | $53M |
| Total Debt | $872.0K |
| Net Debt | -$16M |
