| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $4M | — | 383.1% | — |
| Op. Income | -$2M | -$5M | — | 62.2% | — |
| Gross Margin | 0.9% | 6.6% | — | -5.6pp | — |
| Net Margin | -9.3% | -123.3% | — | 114.0pp | — |
| EPS (Diluted) | $-0.49 | $-1.71 | — | 71.3% | — |
| Free Cash Flow | -$780.2K | -$503.6K | — | -54.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $197.0K |
| R&D Expenses | $103.1K |
| Selling & Marketing | $996.0K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $23M |
| OPERATING INCOME | -$2M |
| Interest Income | $4.1K |
| Interest Expense | $0 |
| Other Income/Expenses | $59.9K |
| 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 | $85.6K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $85.6K |
| Stock-Based Compensation | $375.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2.0K |
| Change in Working Capital | $775.3K |
| OPERATING CASH FLOW | -$732.7K |
| Capital Expenditure | -$47.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$44.8K |
| NET CASH FROM INVESTING | -$47.5K |
| Net Debt Issuance | -$40.8K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$426.9K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$780.2K |
| Net Change in Cash | $756.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $937.6K |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $208.1K |
| Other Current Assets | $195.3K |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $256.4K |
| Goodwill | $0 |
| Intangible Assets | $518.3K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $774.7K |
| TOTAL ASSETS | $8M |
| Account Payables | $284.1K |
| Short-Term Debt | $1M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $785.9K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $132.5K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $7.1K |
| Additional Paid-In Capital | $45M |
| Retained Earnings | -$41M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $229.1K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | -$37.5K |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $1M |
| Net Debt | $434.5K |
