| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $60M | $47M | $43M | 27.9% | 39.2% |
| Op. Income | -$443.8K | -$3M | -$2M | 85.2% | 76.4% |
| Gross Margin | 20.8% | 15.8% | 38.0% | 5.0pp | -17.2pp |
| Net Margin | 1.2% | -58.3% | -26.3% | 59.5pp | 27.6pp |
| EPS (Diluted) | $0.01 | $-0.52 | $-0.22 | 102.7% | 106.4% |
| Free Cash Flow | -$491.0K | $10M | -$5M | -104.8% | 90.3% |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $12M |
| R&D Expenses | $2M |
| Selling & Marketing | $2M |
| General & Administrative | $7M |
| SG&A Expenses | $9M |
| Other Expenses | $2M |
| Operating Expenses | $13M |
| Cost & Expenses | $60M |
| OPERATING INCOME | -$443.8K |
| Interest Income | $121.7K |
| Interest Expense | $3M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $805.7K |
| Income Tax Expense | $67.9K |
| Net Income from Continuing Ops | $737.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $737.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $737.8K |
| D&A | $4M |
| EBIT | $4M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $737.8K |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $547.2K |
| Deferred Income Tax | $80.6K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | -$491.0K |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $47M |
| Inventory | $0 |
| Other Current Assets | $494.2K |
| TOTAL CURRENT ASSETS | $67M |
| PP&E (Net) | $3M |
| Goodwill | $186M |
| Intangible Assets | $77M |
| Long-Term Investments | $394.5K |
| Tax Assets | $16M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $285M |
| TOTAL ASSETS | $352M |
| Account Payables | $78M |
| Short-Term Debt | $15M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $151M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $174.9K |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $43M |
| TOTAL LIABILITIES | $194M |
| Common Stock | $203M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$95M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $49M |
| Other Equity | $482.3K |
| TOTAL STOCKHOLDERS' EQUITY | $158M |
| Minority Interest | $0 |
| TOTAL EQUITY | $158M |
| TOTAL LIABILITIES & EQUITY | $352M |
| Total Debt | $22M |
| Net Debt | $5M |
