| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $94.3K | $55.8K | $11.3K | 69.1% | 738.2% |
| Op. Income | -$662.1K | -$857.7K | -$927.3K | 22.8% | 28.6% |
| Gross Margin | 100.0% | -83.1% | -951.3% | 183.1pp | 1051.3pp |
| Net Margin | -681.1% | -1657.1% | -8071.5% | 976.0pp | 7390.4pp |
| EPS (Diluted) | $-0.14 | $-0.20 | $-0.34 | 30.0% | 58.8% |
| Free Cash Flow | -$503.4K | -$525.5K | -$636.3K | 4.2% | 20.9% |
| Item | Amount |
|---|---|
| REVENUE | $94.3K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $94.3K |
| R&D Expenses | $102.9K |
| Selling & Marketing | $106.5K |
| General & Administrative | $547.1K |
| SG&A Expenses | $653.5K |
| Other Expenses | $0 |
| Operating Expenses | $756.4K |
| Cost & Expenses | $756.4K |
| OPERATING INCOME | -$662.1K |
| Interest Income | $19.9K |
| Interest Expense | $0 |
| Other Income/Expenses | $19.9K |
| INCOME BEFORE TAX | -$642.3K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$642.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$642.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$642.3K |
| D&A | $60.4K |
| EBIT | -$642.3K |
| EBITDA | -$581.8K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$642.3K |
| Depreciation & Amortization | $60.4K |
| Stock-Based Compensation | $72.3K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $93.8K |
| OPERATING CASH FLOW | -$415.8K |
| Capital Expenditure | -$87.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$87.6K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$503.4K |
| Net Change in Cash | -$503.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $10.3K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $33.1K |
| Goodwill | $0 |
| Intangible Assets | $557.3K |
| Long-Term Investments | $100.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $690.4K |
| TOTAL ASSETS | $3M |
| Account Payables | $19.4K |
| Short-Term Debt | $0 |
| Deferred Revenue | $24.7K |
| Other Current Liabilities | $383.6K |
| TOTAL CURRENT LIABILITIES | $427.6K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $427.6K |
| Common Stock | $458 |
| Additional Paid-In Capital | $44M |
| Retained Earnings | -$42M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $0 |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $0 |
| Net Debt | -$2M |
