| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $42M | $45M | $41M | -6.2% | 3.0% |
| Op. Income | -$7M | -$16.3K | $3M | -44623.5% | -319.3% |
| Gross Margin | -8.5% | 3.4% | 12.5% | -11.9pp | -21.0pp |
| Net Margin | -10.9% | 0.6% | 6.7% | -11.5pp | -17.6pp |
| EPS (Diluted) | $-0.11 | $0.01 | $0.07 | -1846.0% | -267.7% |
| Free Cash Flow | -$5M | -$3M | $2M | -60.9% | -358.6% |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $46M |
| GROSS PROFIT | -$4M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $50M |
| OPERATING INCOME | -$7M |
| Interest Income | $33.7K |
| Interest Expense | $9.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $626.0K |
| EBIT | -$6M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $626.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$992.1K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $36.7K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$44.8K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$44.8K |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $26M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $32M |
| PP&E (Net) | $119M |
| Goodwill | $0 |
| Intangible Assets | $83.9K |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $817.6K |
| TOTAL NON-CURRENT ASSETS | $126M |
| TOTAL ASSETS | $157M |
| Account Payables | $5M |
| Short-Term Debt | $350.2K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $950.3K |
| TOTAL CURRENT LIABILITIES | $34M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $163.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $89M |
| TOTAL LIABILITIES | $123M |
| Common Stock | $416 |
| Additional Paid-In Capital | $15M |
| Retained Earnings | $19M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $35M |
| Minority Interest | $0 |
| TOTAL EQUITY | $35M |
| TOTAL LIABILITIES & EQUITY | $157M |
| Total Debt | $115M |
| Net Debt | $112M |
