| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $202.0K | $343.5K | — | -41.2% | — |
| Op. Income | -$10M | -$12M | — | 18.9% | — |
| Gross Margin | -1159.0% | 100.0% | — | -1259.0pp | — |
| Net Margin | -5790.5% | -6823.0% | — | 1032.4pp | — |
| EPS (Diluted) | $-0.17 | $-0.45 | — | 62.2% | — |
| Free Cash Flow | -$6M | -$5M | — | -22.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $202.0K |
| Cost of Revenue | $3M |
| GROSS PROFIT | -$2M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $420.5K |
| Operating Expenses | $7M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$10M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $1M |
| EBIT | -$11M |
| EBITDA | -$9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$269.6K |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$863.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$863.2K |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $404.1K |
| Inventory | $255.9K |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $54M |
| Goodwill | $0 |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $58M |
| TOTAL ASSETS | $74M |
| Account Payables | $5M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $73.3K |
| Additional Paid-In Capital | $286M |
| Retained Earnings | -$225M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$1M |
| TOTAL STOCKHOLDERS' EQUITY | $59M |
| Minority Interest | $0 |
| TOTAL EQUITY | $59M |
| TOTAL LIABILITIES & EQUITY | $74M |
| Total Debt | $3M |
| Net Debt | -$3M |
