| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $15M | $14M | -20.4% | -15.6% |
| Op. Income | -$3M | -$2M | -$3M | -56.4% | -17.8% |
| Gross Margin | 43.0% | 42.2% | 39.2% | 0.8pp | 3.8pp |
| Net Margin | -12.9% | -13.0% | -17.3% | 0.1pp | 4.4pp |
| EPS (Diluted) | $-0.13 | $-0.17 | $-0.23 | 23.5% | 43.5% |
| Free Cash Flow | -$1M | -$27.0K | -$1M | -3851.9% | 9.5% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $5M |
| R&D Expenses | $2M |
| Selling & Marketing | $2M |
| General & Administrative | $3M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$3M |
| Interest Income | $221.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $24.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $919.0K |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $919.0K |
| Stock-Based Compensation | $907.0K |
| Deferred Income Tax | $5.0K |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$42.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$42.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$43.0K |
| NET CASH FROM FINANCING | -$43.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $4M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $24M |
| PP&E (Net) | $6M |
| Goodwill | $11M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $74.0K |
| TOTAL NON-CURRENT ASSETS | $22M |
| TOTAL ASSETS | $46M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $534.0K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $167.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $16M |
| Common Stock | $124M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$89M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | -$3.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $30M |
| Minority Interest | $0 |
| TOTAL EQUITY | $30M |
| TOTAL LIABILITIES & EQUITY | $46M |
| Total Debt | $4M |
| Net Debt | -$3M |
