| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38M | $35M | $28M | 9.2% | 36.1% |
| Op. Income | -$4M | -$30M | -$12M | 87.2% | 67.1% |
| Gross Margin | 73.2% | 72.9% | 59.6% | 0.3pp | 13.6pp |
| Net Margin | -12.9% | -154.7% | -42.1% | 141.8pp | 29.2pp |
| EPS (Diluted) | $-8.62 | $-89.13 | $-19.58 | 90.3% | 56.0% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $28M |
| R&D Expenses | $9M |
| Selling & Marketing | $15M |
| General & Administrative | $8M |
| SG&A Expenses | $23M |
| Other Expenses | -$390.1K |
| Operating Expenses | $32M |
| Cost & Expenses | $42M |
| OPERATING INCOME | -$4M |
| Interest Income | $819.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $474.3K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $704.3K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $0 |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$8 |
| EPS Diluted | -$9 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $751.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $248M |
| Short-Term Investments | $46.9K |
| Net Receivables | $73M |
| Inventory | $0 |
| Other Current Assets | $147M |
| TOTAL CURRENT ASSETS | $469M |
| PP&E (Net) | $9M |
| Goodwill | $62M |
| Intangible Assets | $27M |
| Long-Term Investments | $119M |
| Tax Assets | $18M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $248M |
| TOTAL ASSETS | $716M |
| Account Payables | $32M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $366M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $31M |
| TOTAL LIABILITIES | $397M |
| Common Stock | $36.2K |
| Additional Paid-In Capital | $399M |
| Retained Earnings | -$185M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $60M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $274M |
| Minority Interest | $45M |
| TOTAL EQUITY | $320M |
| TOTAL LIABILITIES & EQUITY | $716M |
| Total Debt | $0 |
| Net Debt | -$248M |
