| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $821.2K | $1M | $770.5K | -17.9% | 6.6% |
| Op. Income | -$40M | -$45M | -$98M | 12.9% | 59.8% |
| Gross Margin | 59.0% | 63.4% | 87.9% | -4.4pp | -28.9pp |
| Net Margin | -3863.4% | -3763.0% | -42517.8% | -100.5pp | 38654.4pp |
| EPS (Diluted) | $-0.14 | $-0.17 | $-3.61 | 17.6% | 96.1% |
| Free Cash Flow | -$10M | -$8M | -$9M | -16.7% | -4.6% |
| Item | Amount |
|---|---|
| REVENUE | $821.2K |
| Cost of Revenue | $336.7K |
| GROSS PROFIT | $484.5K |
| R&D Expenses | $13M |
| Selling & Marketing | $497.4K |
| General & Administrative | $25M |
| SG&A Expenses | $26M |
| Other Expenses | $2M |
| Operating Expenses | $40M |
| Cost & Expenses | $40M |
| OPERATING INCOME | -$40M |
| Interest Income | $8M |
| Interest Expense | $186.8K |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | -$32M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$32M |
| D&A | $2M |
| EBIT | -$32M |
| EBITDA | -$30M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$32M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $186.8K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$3.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $189.4K |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $146M |
| Short-Term Investments | $613M |
| Net Receivables | $33.1K |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $767M |
| PP&E (Net) | $7M |
| Goodwill | $121M |
| Intangible Assets | $24M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $152M |
| TOTAL ASSETS | $919M |
| Account Payables | $2M |
| Short-Term Debt | $5M |
| Deferred Revenue | $246.7K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $27M |
| Common Stock | $22.1K |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | -$3.0B |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $892M |
| Minority Interest | $0 |
| TOTAL EQUITY | $892M |
| TOTAL LIABILITIES & EQUITY | $919M |
| Total Debt | $13M |
| Net Debt | -$133M |
