| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34.0K | $74.0K | $425.0K | -54.1% | -92.0% |
| Op. Income | -$4M | -$3M | -$3M | -8.5% | -8.8% |
| Gross Margin | 26.5% | 37.8% | 43.1% | -11.4pp | -16.6pp |
| Net Margin | -9641.2% | -3998.6% | -685.2% | -5642.5pp | -8956.0pp |
| EPS (Diluted) | $-2.01 | $-1.74 | $-1.79 | -15.5% | -12.3% |
| Free Cash Flow | -$4M | -$3M | -$3M | -42.9% | -26.2% |
| Item | Amount |
|---|---|
| REVENUE | $34.0K |
| Cost of Revenue | $25.0K |
| GROSS PROFIT | $9.0K |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $350.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $268.0K |
| EBIT | -$4M |
| EBITDA | -$3M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $268.0K |
| Stock-Based Compensation | $216.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2.0K |
| Change in Working Capital | -$894.0K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$193.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$193.0K |
| Net Debt Issuance | -$45.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$45.0K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $22M |
| Net Receivables | $91.0K |
| Inventory | $3M |
| Other Current Assets | $515.0K |
| TOTAL CURRENT ASSETS | $32M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $30.0K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $34M |
| Account Payables | $649.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $717.0K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $194.0K |
| TOTAL NON-CURRENT LIABILITIES | $261.0K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $191M |
| Additional Paid-In Capital | $83M |
| Retained Earnings | -$240M |
| Treasury Stock | -$119.0K |
| Accum. Other Comp. Income | -$861.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $32M |
| Minority Interest | $0 |
| TOTAL EQUITY | $32M |
| TOTAL LIABILITIES & EQUITY | $34M |
| Total Debt | $216.0K |
| Net Debt | -$6M |
