| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $385.8K | -27.3% | 337.8% |
| Op. Income | -$2M | -$4M | -$856.8K | 64.8% | -84.5% |
| Gross Margin | 7.1% | 2.9% | 75.0% | 4.2pp | -67.9pp |
| Net Margin | -1022.5% | 96.5% | 3177.1% | -1118.9pp | -4199.6pp |
| EPS (Diluted) | $-0.86 | $0.14 | $0.63 | -714.3% | -236.5% |
| Free Cash Flow | -$2M | -$1M | -$775.3K | -66.4% | -145.6% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $120.3K |
| R&D Expenses | $209.3K |
| Selling & Marketing | $245.2K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $879 |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $879 |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$1.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$250.0K |
| Sales/Maturities of Investments | $264.5K |
| Other Investing Activities | -$47.2K |
| NET CASH FROM INVESTING | -$34.4K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $229.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $269.9K |
| Short-Term Investments | $20M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $6.5K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $350.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $356.5K |
| TOTAL ASSETS | $21M |
| Account Payables | $121.3K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $354.8K |
| TOTAL CURRENT LIABILITIES | $476.1K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $476.1K |
| Common Stock | $20.2K |
| Additional Paid-In Capital | $175M |
| Retained Earnings | -$157M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21M |
| Minority Interest | $0 |
| TOTAL EQUITY | $21M |
| TOTAL LIABILITIES & EQUITY | $21M |
| Total Debt | $0 |
| Net Debt | -$269.9K |
