| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $737.8K | $440.0K | $237.0K | 67.7% | 211.3% |
| Op. Income | -$2M | -$1M | -$1M | -108.0% | -99.2% |
| Gross Margin | 44.7% | 49.5% | -6.8% | -4.8pp | 51.5pp |
| Net Margin | -340.6% | -283.0% | -724.5% | -57.6pp | 383.9pp |
| EPS (Diluted) | $-0.16 | $-0.09 | $-0.12 | -87.6% | -33.3% |
| Free Cash Flow | -$3M | $32.0K | -$1M | -7956.3% | -144.6% |
| Item | Amount |
|---|---|
| REVENUE | $737.8K |
| Cost of Revenue | $407.0K |
| GROSS PROFIT | $330.0K |
| R&D Expenses | $606.0K |
| Selling & Marketing | $811.0K |
| General & Administrative | $713.0K |
| SG&A Expenses | $2M |
| Other Expenses | $636.8K |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $9.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$76.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.0K |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $15.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $15.0K |
| Stock-Based Compensation | $627.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$613.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$30.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$30.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $537.0K |
| Inventory | $265.0K |
| Other Current Assets | $203.0K |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $96.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $96.0K |
| TOTAL ASSETS | $8M |
| Account Payables | $461.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $566.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.0K |
| TOTAL NON-CURRENT LIABILITIES | $1.0K |
| TOTAL LIABILITIES | $1M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $50M |
| Retained Earnings | -$43M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $0 |
| Net Debt | -$7M |
