| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $7M | $5M | 5.4% | 29.7% |
| Op. Income | -$5M | -$80M | -$5M | 94.2% | 14.6% |
| Gross Margin | 66.8% | 67.6% | 62.6% | -0.8pp | 4.2pp |
| Net Margin | -64.8% | -149.3% | -86.2% | 84.6pp | 21.4pp |
| EPS (Diluted) | $-0.09 | $-0.20 | $-0.10 | 54.9% | 6.2% |
| Free Cash Flow | $274.0K | -$5M | -$943.0K | 106.0% | 129.1% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $5M |
| R&D Expenses | $3M |
| Selling & Marketing | $4M |
| General & Administrative | $3M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$5M |
| Interest Income | $575.0K |
| Interest Expense | $115.0K |
| Other Income/Expenses | $237.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $55.0K |
| 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 | $938.0K |
| EBIT | -$4M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $938.0K |
| Stock-Based Compensation | $697.0K |
| Deferred Income Tax | $55.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $290.0K |
| Capital Expenditure | -$16.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $26M |
| NET CASH FROM INVESTING | $26M |
| Net Debt Issuance | -$151.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $264.0K |
| NET CASH FROM FINANCING | $113.0K |
| FREE CASH FLOW | $274.0K |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $45M |
| PP&E (Net) | $2M |
| Goodwill | $15M |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $502.0K |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $73M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $22M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $263M |
| Retained Earnings | -$211M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$21.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $52M |
| Minority Interest | $0 |
| TOTAL EQUITY | $52M |
| TOTAL LIABILITIES & EQUITY | $73M |
| Total Debt | $2M |
| Net Debt | -$35M |
