| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $2M | $2M | -26.3% | -32.7% |
| Op. Income | -$4M | -$3M | -$4M | -17.8% | -4.4% |
| Gross Margin | 87.7% | 86.0% | 82.0% | 1.8pp | 5.7pp |
| Net Margin | -132.0% | -239.5% | -284.4% | 107.5pp | 152.4pp |
| EPS (Diluted) | $-0.08 | $-0.25 | $-0.34 | 67.2% | 75.9% |
| Free Cash Flow | -$984.0K | -$3M | -$668.0K | 63.5% | -47.3% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $150.0K |
| GROSS PROFIT | $1M |
| R&D Expenses | $1M |
| Selling & Marketing | $594.0K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $683.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $37.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $795.0K |
| EBIT | -$2M |
| EBITDA | -$784.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $795.0K |
| Stock-Based Compensation | $624.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$979.0K |
| Capital Expenditure | -$5.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$984.0K |
| Net Change in Cash | -$987.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $825.0K |
| Inventory | $0 |
| Other Current Assets | $601.0K |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $422.0K |
| Goodwill | $9M |
| Intangible Assets | $15M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $53.0K |
| TOTAL NON-CURRENT ASSETS | $24M |
| TOTAL ASSETS | $29M |
| Account Payables | $612.0K |
| Short-Term Debt | $241.0K |
| Deferred Revenue | $3M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $94M |
| Retained Earnings | -$79M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $215.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16M |
| Minority Interest | $0 |
| TOTAL EQUITY | $16M |
| TOTAL LIABILITIES & EQUITY | $29M |
| Total Debt | $5M |
| Net Debt | $998.0K |
