| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $84M | $91M | $79M | -7.7% | 6.5% |
| Op. Income | $31M | $30M | $29M | 3.6% | 7.1% |
| Gross Margin | 65.2% | 65.8% | 63.7% | -0.6pp | 1.5pp |
| Net Margin | 44.2% | 35.9% | 40.1% | 8.3pp | 4.1pp |
| EPS (Diluted) | $0.20 | $0.18 | $0.17 | 11.1% | 17.6% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $55M |
| R&D Expenses | $8M |
| Selling & Marketing | $7M |
| General & Administrative | $9M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $23M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $31M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $336.7K |
| EBIT | $31M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $55M |
| R&D Expenses | $8M |
| Selling & Marketing | $7M |
| General & Administrative | $9M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $23M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $31M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $336.7K |
| EBIT | $31M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$40M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $432M |
| Short-Term Investments | $257M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $729M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $833.2K |
| Long-Term Investments | $81M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $97M |
| TOTAL ASSETS | $826M |
| Account Payables | $845.6K |
| Short-Term Debt | $0 |
| Deferred Revenue | $59M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $89M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $94M |
| Common Stock | $16.5K |
| Additional Paid-In Capital | $332M |
| Retained Earnings | $462M |
| Treasury Stock | -$52M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $739M |
| Minority Interest | -$7M |
| TOTAL EQUITY | $732M |
| TOTAL LIABILITIES & EQUITY | $826M |
| Total Debt | $784.6K |
| Net Debt | -$432M |
