| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $2M | 62.6% | 4.7% |
| Op. Income | -$3M | -$6M | -$2M | 50.7% | -46.0% |
| Gross Margin | 21.5% | -40.9% | 19.5% | 62.4pp | 2.0pp |
| Net Margin | -153.5% | -587.8% | -118.6% | 434.3pp | -34.9pp |
| EPS (Diluted) | $-37.60 | $-888.45 | $-78.40 | 95.8% | 52.0% |
| Free Cash Flow | -$3M | -$1M | -$1M | -90.6% | -101.6% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $530.3K |
| R&D Expenses | $166.6K |
| Selling & Marketing | $729.3K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $461.5K |
| Operating Expenses | $4M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$760.6K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$37.4K |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $415.0K |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$38 |
| EPS Diluted | -$38 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $415.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $431.6K |
| Change in Working Capital | $992.7K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$743.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$740.7K |
| NET CASH FROM INVESTING | -$743.8K |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$146.8K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $365.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $547.3K |
| Short-Term Investments | $0 |
| Net Receivables | $888.7K |
| Inventory | $3M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $644.8K |
| Goodwill | $0 |
| Intangible Assets | $9M |
| Long-Term Investments | $178.1K |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $14M |
| Account Payables | $5M |
| Short-Term Debt | $354.5K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $731.5K |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $251.5K |
| TOTAL LIABILITIES | $8M |
| Common Stock | $111M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$120M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $903.9K |
| Net Debt | $356.7K |
