| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $47M | $52M | — | -9.7% | — |
| Op. Income | $14M | $9M | — | 44.1% | — |
| Gross Margin | 90.9% | 64.9% | — | 26.0pp | — |
| Net Margin | 23.8% | 0.5% | — | 23.4pp | — |
| EPS (Diluted) | $0.18 | $0.00 | — | 3965.4% | — |
| Free Cash Flow | $2M | -$902.6K | — | 277.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $18M |
| Operating Expenses | $29M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $14M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | -$23.4K |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $0 |
| EBIT | $12M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $18M |
| Operating Expenses | $29M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $14M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | -$23.4K |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $0 |
| EBIT | $12M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $225.0K |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $15M |
| NET CASH FROM INVESTING | $13M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$27M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $307M |
| Net Receivables | $35M |
| Inventory | $0 |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $382M |
| PP&E (Net) | $39M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $38M |
| Tax Assets | $6M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $309M |
| TOTAL ASSETS | $690M |
| Account Payables | $10M |
| Short-Term Debt | $6M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $46M |
| Long-Term Debt | $154M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $86M |
| TOTAL NON-CURRENT LIABILITIES | $264M |
| TOTAL LIABILITIES | $310M |
| Common Stock | $3.6K |
| Additional Paid-In Capital | $423M |
| Retained Earnings | $18M |
| Treasury Stock | -$60M |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $381M |
| Minority Interest | -$195.2K |
| TOTAL EQUITY | $381M |
| TOTAL LIABILITIES & EQUITY | $690M |
| Total Debt | $190M |
| Net Debt | $164M |
