| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $648.7K | $409.2K | — | 58.5% | — |
| Op. Income | -$2M | -$2M | — | -34.9% | — |
| Gross Margin | 45.6% | 46.0% | — | -0.4pp | — |
| Net Margin | -389.5% | -417.3% | — | 27.9pp | — |
| EPS (Diluted) | $-17.49 | $0.00 | — | -Infinity% | — |
| Free Cash Flow | -$2M | -$2M | — | -49.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $648.7K |
| Cost of Revenue | $353.1K |
| GROSS PROFIT | $295.6K |
| R&D Expenses | $502.7K |
| Selling & Marketing | $500.4K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $1.7K |
| Interest Expense | $46.7K |
| Other Income/Expenses | -$395.2K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $229.8K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$17 |
| EPS Diluted | -$17 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $229.8K |
| Stock-Based Compensation | $37.3K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $587.9K |
| Change in Working Capital | -$699.5K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$37.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$19.5K |
| NET CASH FROM INVESTING | -$37.9K |
| Net Debt Issuance | -$25.2K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $760.0K |
| Inventory | $387.2K |
| Other Current Assets | $135.2K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $293.7K |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $70.0K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $6M |
| Account Payables | $344.1K |
| Short-Term Debt | $0 |
| Deferred Revenue | $68.0K |
| Other Current Liabilities | $291.9K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $850.4K |
| TOTAL NON-CURRENT LIABILITIES | $926.3K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $31M |
| Additional Paid-In Capital | $4M |
| Retained Earnings | -$34M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$98.5K |
| Other Equity | $3M |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $6M |
| Total Debt | $196.0K |
| Net Debt | -$2M |
