| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $7M | 6.7% | -59.4% |
| Op. Income | -$5M | -$9M | -$2M | 40.2% | -178.0% |
| Gross Margin | 22.1% | 9.8% | 38.0% | 12.3pp | -15.9pp |
| Net Margin | -311.9% | -273.4% | -64.5% | -38.4pp | -247.4pp |
| EPS (Diluted) | $-3.70 | $-3.40 | $-2.70 | -8.8% | -37.0% |
| Free Cash Flow | -$5M | -$6M | -$58.0K | 12.4% | -8698.3% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $623.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $3M |
| Operating Expenses | $6M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $2M |
| EBIT | -$4M |
| EBITDA | -$3M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $71.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $108.0K |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $6M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $507.0K |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $21M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $844.0K |
| TOTAL NON-CURRENT ASSETS | $25M |
| TOTAL ASSETS | $34M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $4M |
| Common Stock | $498M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$466M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31M |
| Minority Interest | $0 |
| TOTAL EQUITY | $31M |
| TOTAL LIABILITIES & EQUITY | $34M |
| Total Debt | $0 |
| Net Debt | -$3M |
