| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $3M | 0.2% | -23.8% |
| Op. Income | $610.9K | $556.4K | $1M | 9.8% | -40.5% |
| Gross Margin | 54.7% | 51.7% | 52.2% | 3.0pp | 2.6pp |
| Net Margin | 22.6% | 20.3% | 28.4% | 2.3pp | -5.8pp |
| EPS (Diluted) | $0.12 | $0.11 | $0.20 | 9.1% | -40.0% |
| Free Cash Flow | $318.5K | -$45.9K | $622.2K | 794.2% | -48.8% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $1M |
| R&D Expenses | $114.4K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $632.7K |
| Operating Expenses | $747.1K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $610.9K |
| Interest Income | $84.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $97.0K |
| INCOME BEFORE TAX | $708.0K |
| Income Tax Expense | $147.1K |
| Net Income from Continuing Ops | $560.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $560.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $560.9K |
| D&A | $25.0K |
| EBIT | $610.9K |
| EBITDA | $636.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $1M |
| R&D Expenses | $114.4K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $632.7K |
| Operating Expenses | $747.1K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $610.9K |
| Interest Income | $84.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $97.0K |
| INCOME BEFORE TAX | $708.0K |
| Income Tax Expense | $147.1K |
| Net Income from Continuing Ops | $560.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $560.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $560.9K |
| D&A | $25.0K |
| EBIT | $610.9K |
| EBITDA | $636.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $560.9K |
| Depreciation & Amortization | $25.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $38.4K |
| Other Non-Cash Items | -$11.4K |
| Change in Working Capital | -$290.9K |
| OPERATING CASH FLOW | $322.1K |
| Capital Expenditure | -$3.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $679.4K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $318.5K |
| Net Change in Cash | -$606.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $7M |
| Net Receivables | $2M |
| Inventory | $2M |
| Other Current Assets | $244.7K |
| TOTAL CURRENT ASSETS | $12M |
| PP&E (Net) | $935.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $137.0K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $13M |
| Account Payables | $378.3K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $671.0K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $2M |
| Common Stock | $459.4K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $10M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $0 |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $13M |
| Total Debt | $0 |
| Net Debt | -$1M |
