| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.0K | $0 | $49.8K | — | -79.9% |
| Op. Income | -$4M | -$18M | -$7M | 77.0% | 38.9% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | -36102.3% | — | -13826.9% | — | -22275.4pp |
| EPS (Diluted) | $-0.90 | $-4.54 | $-2.73 | 80.2% | 67.0% |
| Free Cash Flow | -$3M | -$2M | -$5M | -12.3% | 49.5% |
| Item | Amount |
|---|---|
| REVENUE | $10.0K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $10.0K |
| R&D Expenses | $10.7K |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $939.2K |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $125.0K |
| Other Income/Expenses | $543.9K |
| 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 | $939.2K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $939.2K |
| Stock-Based Compensation | $369.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$485.7K |
| Change in Working Capital | $159.3K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$110.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$110.3K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $87.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $236.2K |
| Short-Term Investments | $0 |
| Net Receivables | $43.9K |
| Inventory | $0 |
| Other Current Assets | $559.1K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $759.3K |
| Goodwill | $0 |
| Intangible Assets | $15M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $18M |
| Account Payables | $7M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $304.2K |
| TOTAL NON-CURRENT LIABILITIES | $537.0K |
| TOTAL LIABILITIES | $15M |
| Common Stock | $4.3K |
| Additional Paid-In Capital | $54M |
| Retained Earnings | -$51M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $18M |
| Total Debt | $2M |
| Net Debt | $2M |
