| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $3M | $2M | -15.3% | -10.3% |
| Op. Income | -$618.4K | -$416.2K | -$79.0K | -48.6% | -682.5% |
| Gross Margin | 16.1% | 12.3% | 15.3% | 3.8pp | 0.7pp |
| Net Margin | -29.2% | -13.8% | -4.4% | -15.4pp | -24.8pp |
| EPS (Diluted) | $-0.35 | $-0.19 | $-0.06 | -84.2% | -496.3% |
| Free Cash Flow | -$833.1K | -$58.3K | -$59.1K | -1328.0% | -1309.7% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $343.5K |
| R&D Expenses | $12.1K |
| Selling & Marketing | -$540.7K |
| General & Administrative | $391.9K |
| SG&A Expenses | -$148.8K |
| Other Expenses | $1M |
| Operating Expenses | $961.9K |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$618.4K |
| Interest Income | $23.6K |
| Interest Expense | $4.9K |
| Other Income/Expenses | -$4.9K |
| INCOME BEFORE TAX | -$623.3K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$623.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$623.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$623.3K |
| D&A | $40.0K |
| EBIT | -$586.9K |
| EBITDA | -$546.9K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$623.3K |
| Depreciation & Amortization | $40.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $70.0K |
| Change in Working Capital | -$310.8K |
| OPERATING CASH FLOW | -$824.1K |
| Capital Expenditure | -$9.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15.5K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $8.9K |
| NET CASH FROM INVESTING | -$15.6K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$860 |
| NET CASH FROM FINANCING | -$860 |
| FREE CASH FLOW | -$833.1K |
| Net Change in Cash | -$797.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $1M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $9M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $22.0K |
| Other Current Liabilities | $0 |
| 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 | $147.9K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $17M |
| Additional Paid-In Capital | -$5M |
| Retained Earnings | -$4M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$482.8K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8M |
| Minority Interest | $0 |
| TOTAL EQUITY | $8M |
| TOTAL LIABILITIES & EQUITY | $9M |
| Total Debt | $200.1K |
| Net Debt | -$3M |
