| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $21M | $20M | 7.0% | 8.3% |
| Op. Income | -$239.6K | -$602.8K | -$930.7K | 60.3% | 74.3% |
| Gross Margin | 21.9% | 24.6% | 20.7% | -2.8pp | 1.2pp |
| Net Margin | -1.1% | 3.1% | -1.2% | -4.1pp | 0.2pp |
| EPS (Diluted) | $-0.01 | $0.02 | $-0.01 | -143.1% | -5.3% |
| Free Cash Flow | $1M | $10M | -$88.1K | -89.6% | 1304.4% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $5M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $495.8K |
| Operating Expenses | $5M |
| Cost & Expenses | $22M |
| OPERATING INCOME | -$239.6K |
| Interest Income | $79.0K |
| Interest Expense | $11.8K |
| Other Income/Expenses | $67.2K |
| INCOME BEFORE TAX | -$172.4K |
| Income Tax Expense | $62.6K |
| Net Income from Continuing Ops | -$235.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$235.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$235.0K |
| D&A | $495.8K |
| EBIT | -$160.6K |
| EBITDA | $335.2K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$235.0K |
| Depreciation & Amortization | $495.8K |
| Stock-Based Compensation | $410.1K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $703.3K |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$313.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$313.3K |
| Net Debt Issuance | -$36.1K |
| Common Stock Repurchased | -$351.6K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $661.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $348.5K |
| Other Current Assets | $68M |
| TOTAL CURRENT ASSETS | $98M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $663.3K |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $357.9K |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $110M |
| Account Payables | $715.2K |
| Short-Term Debt | $150.1K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $82M |
| TOTAL CURRENT LIABILITIES | $88M |
| Long-Term Debt | $533.2K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $91M |
| Common Stock | $30.0K |
| Additional Paid-In Capital | $100M |
| Retained Earnings | -$68M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$7M |
| TOTAL STOCKHOLDERS' EQUITY | $19M |
| Minority Interest | $0 |
| TOTAL EQUITY | $19M |
| TOTAL LIABILITIES & EQUITY | $110M |
| Total Debt | $4M |
| Net Debt | -$5M |
