| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $55M | $55M | $52M | -0.4% | 5.3% |
| Op. Income | $8M | $6M | $12M | 37.5% | -34.5% |
| Gross Margin | 35.6% | 36.3% | 40.5% | -0.7pp | -4.9pp |
| Net Margin | 10.8% | 7.3% | 17.7% | 3.5pp | -6.9pp |
| EPS (Diluted) | $0.20 | $0.15 | $0.35 | 40.0% | -41.7% |
| Free Cash Flow | -$66M | $112M | -$25M | -159.0% | -165.3% |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $1M |
| Operating Expenses | $11M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $8M |
| Interest Income | $54M |
| Interest Expense | $35M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $543.7K |
| EBIT | $8M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $1M |
| Operating Expenses | $11M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $8M |
| Interest Income | $54M |
| Interest Expense | $35M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $543.7K |
| EBIT | $8M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $543.7K |
| Stock-Based Compensation | $54.8K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$76M |
| OPERATING CASH FLOW | -$65M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $100M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $99M |
| Net Debt Issuance | -$133.7K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$594.1K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $83M |
| FREE CASH FLOW | -$66M |
| Net Change in Cash | $118M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $283M |
| Short-Term Investments | $117M |
| Net Receivables | $22M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $421M |
| PP&E (Net) | $20M |
| Goodwill | $9M |
| Intangible Assets | $9M |
| Long-Term Investments | $3.2B |
| Tax Assets | $968.3K |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.0B |
| TOTAL CURRENT LIABILITIES | $3.0B |
| Long-Term Debt | $78M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $86.2K |
| Other Non-Current Liabilities | $151M |
| TOTAL NON-CURRENT LIABILITIES | $232M |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $242M |
| Additional Paid-In Capital | $2M |
| Retained Earnings | $138M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$220.7K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $381M |
| Minority Interest | $0 |
| TOTAL EQUITY | $381M |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $80M |
| Net Debt | -$202M |
