| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $183.1K | $817.4K | $334.6K | -77.6% | -45.3% |
| Op. Income | -$2M | -$2M | -$2M | -30.9% | 5.8% |
| Gross Margin | -62.6% | 56.8% | 57.0% | -119.4pp | -119.5pp |
| Net Margin | -1107.4% | -189.7% | -600.6% | -917.6pp | -506.8pp |
| EPS (Diluted) | $-0.07 | $-0.05 | $-0.07 | -28.2% | 2.7% |
| Free Cash Flow | -$2M | -$696.4K | -$1M | -180.0% | -75.2% |
| Item | Amount |
|---|---|
| REVENUE | $183.1K |
| Cost of Revenue | $297.7K |
| GROSS PROFIT | -$114.6K |
| R&D Expenses | $495.0K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | -$203.4K |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $88.5K |
| Interest Expense | $113.6K |
| Other Income/Expenses | -$25.1K |
| 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 | $0 |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $11.8K |
| Stock-Based Compensation | $225.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2.9K |
| Change in Working Capital | -$156.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $482.1K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $24.2K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $2M |
| Net Receivables | $221.7K |
| Inventory | $0 |
| Other Current Assets | $23.2K |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $79.2K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $10.4K |
| TOTAL NON-CURRENT ASSETS | $89.7K |
| TOTAL ASSETS | $8M |
| Account Payables | $448.4K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $665.2K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $42.4K |
| Additional Paid-In Capital | $108M |
| Retained Earnings | -$88M |
| Treasury Stock | -$19M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $923.6K |
| Minority Interest | $0 |
| TOTAL EQUITY | $923.6K |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $5M |
| Net Debt | $61 |
