| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $296.3K | $199.7K | $157.4K | 48.3% | 88.2% |
| Op. Income | -$4M | -$5M | -$3M | 6.7% | -38.8% |
| Gross Margin | 100.0% | 76.0% | 100.0% | 24.0pp | 0.0pp |
| Net Margin | -1464.8% | -2300.1% | -1942.8% | 835.3pp | 478.1pp |
| EPS (Diluted) | $-0.40 | $-0.49 | $-0.32 | 18.4% | -25.0% |
| Free Cash Flow | -$5M | -$3M | -$3M | -67.8% | -81.8% |
| Item | Amount |
|---|---|
| REVENUE | $296.3K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $296.3K |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $30.2K |
| Operating Expenses | $5M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$4M |
| Interest Income | $51.5K |
| Interest Expense | $12.7K |
| Other Income/Expenses | $38.8K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $30.2K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $30.2K |
| Stock-Based Compensation | $454.3K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4.1K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$1.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.7K |
| Net Debt Issuance | -$245.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$245.0K |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $810.6K |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $0 |
| Goodwill | $4M |
| Intangible Assets | $185.2K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $10M |
| Account Payables | $292.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $516.5K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $2M |
| Common Stock | $1.1K |
| Additional Paid-In Capital | $186M |
| Retained Earnings | -$178M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $9.9K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8M |
| Minority Interest | $0 |
| TOTAL EQUITY | $8M |
| TOTAL LIABILITIES & EQUITY | $10M |
| Total Debt | $0 |
| Net Debt | -$3M |
