| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $54M | $62M | $53M | -12.0% | 2.9% |
| Op. Income | -$197.0K | $7M | -$2M | -102.8% | 92.1% |
| Gross Margin | 75.7% | 74.9% | 71.9% | 0.8pp | 3.7pp |
| Net Margin | 1.6% | 10.2% | -1.6% | -8.6pp | 3.2pp |
| EPS (Diluted) | $0.00 | $0.03 | $-0.01 | -85.9% | 134.6% |
| Free Cash Flow | $7M | $12M | $2M | -46.4% | 324.5% |
| Item | Amount |
|---|---|
| REVENUE | $54M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $41M |
| R&D Expenses | $15M |
| Selling & Marketing | $17M |
| General & Administrative | $9M |
| SG&A Expenses | $26M |
| Other Expenses | $429.0K |
| Operating Expenses | $41M |
| Cost & Expenses | $54M |
| OPERATING INCOME | -$197.0K |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $579.0K |
| Net Income from Continuing Ops | $861.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $858.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $858.0K |
| D&A | $723.0K |
| EBIT | -$197.0K |
| EBITDA | $526.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $861.0K |
| Depreciation & Amortization | $723.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $379.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$67.0K |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | -$59M |
| Sales/Maturities of Investments | $74M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $11M |
| Net Debt Issuance | -$47.0K |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$652.0K |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $184M |
| Net Receivables | $62M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $275M |
| PP&E (Net) | $6M |
| Goodwill | $26M |
| Intangible Assets | $9M |
| Long-Term Investments | $10M |
| Tax Assets | $14M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $80M |
| TOTAL ASSETS | $356M |
| Account Payables | $32M |
| Short-Term Debt | $0 |
| Deferred Revenue | $35M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $81M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $21M |
| Deferred Tax Liabilities | $753.0K |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $29M |
| TOTAL LIABILITIES | $110M |
| Common Stock | $18.0K |
| Additional Paid-In Capital | $356M |
| Retained Earnings | -$109M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$726.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $246M |
| Minority Interest | $44.0K |
| TOTAL EQUITY | $246M |
| TOTAL LIABILITIES & EQUITY | $356M |
| Total Debt | $3M |
| Net Debt | -$18M |
