| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $287.2K | $628.9K | $411.1K | -54.3% | -30.2% |
| Op. Income | -$883.2K | -$679.4K | -$1M | -30.0% | 13.3% |
| Gross Margin | 97.6% | 98.8% | 97.9% | -1.2pp | -0.3pp |
| Net Margin | -270.8% | -77.3% | -234.5% | -193.5pp | -36.3pp |
| EPS (Diluted) | $-0.08 | $-0.05 | $-0.10 | -60.0% | 21.1% |
| Free Cash Flow | -$785.6K | -$185.9K | -$1M | -322.6% | 31.8% |
| Item | Amount |
|---|---|
| REVENUE | $287.2K |
| Cost of Revenue | $7.0K |
| GROSS PROFIT | $280.2K |
| R&D Expenses | $169.0K |
| Selling & Marketing | $464.8K |
| General & Administrative | $543.9K |
| SG&A Expenses | $1M |
| Other Expenses | -$14.4K |
| Operating Expenses | $1M |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$883.2K |
| Interest Income | $19.6K |
| Interest Expense | $0 |
| Other Income/Expenses | $105.6K |
| INCOME BEFORE TAX | -$777.6K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$777.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$777.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$777.6K |
| D&A | $49.9K |
| EBIT | -$883.2K |
| EBITDA | -$833.3K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$777.6K |
| Depreciation & Amortization | $49.9K |
| Stock-Based Compensation | $53.7K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$149.6K |
| Change in Working Capital | $38.0K |
| OPERATING CASH FLOW | -$785.6K |
| 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 | $69.7K |
| FREE CASH FLOW | -$785.6K |
| Net Change in Cash | -$715.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $425.3K |
| Net Receivables | $631.4K |
| Inventory | $0 |
| Other Current Assets | $113.5K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $108.5K |
| Goodwill | $606.7K |
| Intangible Assets | $330.8K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $57.2K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $4M |
| Account Payables | $0 |
| Short-Term Debt | $56.4K |
| Deferred Revenue | $827.1K |
| Other Current Liabilities | $116.9K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $138.9K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $114.5K |
| TOTAL NON-CURRENT LIABILITIES | $253.5K |
| TOTAL LIABILITIES | $1M |
| Common Stock | $14 |
| Additional Paid-In Capital | $13M |
| Retained Earnings | -$10M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $56.4K |
| Net Debt | -$2M |
