| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $659.3K | $2M | 101.5% | -14.5% |
| Op. Income | $353.0K | -$287.6K | $480.1K | 222.7% | -26.5% |
| Gross Margin | 77.6% | 9.4% | 68.7% | 68.2pp | 8.9pp |
| Net Margin | 20.0% | -36.2% | 21.2% | 56.2pp | -1.2pp |
| EPS (Diluted) | $0.02 | $-0.02 | $0.03 | 197.7% | -29.4% |
| Free Cash Flow | -$96.1K | -$55.9K | $370.2K | -71.9% | -126.0% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $297.3K |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $238.1K |
| SG&A Expenses | $238.1K |
| Other Expenses | $439.9K |
| Operating Expenses | $678.0K |
| Cost & Expenses | $975.3K |
| OPERATING INCOME | $353.0K |
| Interest Income | $0 |
| Interest Expense | $4.5K |
| Other Income/Expenses | $57.5K |
| INCOME BEFORE TAX | $410.5K |
| Income Tax Expense | $144.3K |
| Net Income from Continuing Ops | $266.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $266.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $266.2K |
| D&A | $50.8K |
| EBIT | $353.0K |
| EBITDA | $403.8K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $297.3K |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $238.1K |
| SG&A Expenses | $238.1K |
| Other Expenses | $439.9K |
| Operating Expenses | $678.0K |
| Cost & Expenses | $975.3K |
| OPERATING INCOME | $353.0K |
| Interest Income | $0 |
| Interest Expense | $4.5K |
| Other Income/Expenses | $57.5K |
| INCOME BEFORE TAX | $410.5K |
| Income Tax Expense | $144.3K |
| Net Income from Continuing Ops | $266.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $266.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $266.2K |
| D&A | $50.8K |
| EBIT | $353.0K |
| EBITDA | $403.8K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $266.2K |
| Depreciation & Amortization | $50.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$398.2K |
| OPERATING CASH FLOW | -$81.2K |
| Capital Expenditure | -$14.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $6.8K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8.1K |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$171.2K |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$96.1K |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $62.7K |
| Inventory | $59.1K |
| Other Current Assets | $23.9K |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $93.3K |
| Other Non-Current Assets | $193.8K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $13M |
| Account Payables | $220.9K |
| Short-Term Debt | $0 |
| Deferred Revenue | $225.7K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $933.2K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $70.6K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $603.6K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $13.9K |
| Additional Paid-In Capital | $12M |
| Retained Earnings | -$756.0K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $0 |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $13M |
| Total Debt | $727.1K |
| Net Debt | -$8M |
