| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $921.0K | $7M | $16M | -86.4% | -94.2% |
| Op. Income | -$8M | -$2M | $4M | -260.3% | -284.7% |
| Gross Margin | -574.8% | 1.2% | 36.8% | -576.0pp | -611.6pp |
| Net Margin | -854.5% | -29.5% | 24.8% | -825.0pp | -879.3pp |
| EPS (Diluted) | $-0.23 | $-0.07 | $0.20 | -229.5% | -215.0% |
| Free Cash Flow | $9M | $4M | -$1M | 109.1% | 864.4% |
| Item | Amount |
|---|---|
| REVENUE | $921.0K |
| Cost of Revenue | $6M |
| GROSS PROFIT | -$5M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $520.0K |
| SG&A Expenses | $520.0K |
| Other Expenses | $2M |
| Operating Expenses | $3M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$8M |
| Interest Income | $15M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | -$6.0K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $0 |
| EBIT | -$8M |
| EBITDA | -$8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $203.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$634M |
| Sales/Maturities of Investments | $613M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | -$46M |
| Common Stock Repurchased | -$979.0K |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $28M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $755M |
| Tax Assets | $0 |
| Other Non-Current Assets | $407.0K |
| TOTAL NON-CURRENT ASSETS | $755M |
| TOTAL ASSETS | $784M |
| Account Payables | $3M |
| Short-Term Debt | $518M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $520M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $35M |
| TOTAL NON-CURRENT LIABILITIES | $35M |
| TOTAL LIABILITIES | $555M |
| Common Stock | $376.0K |
| Additional Paid-In Capital | $400M |
| Retained Earnings | -$172M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $229M |
| Minority Interest | $0 |
| TOTAL EQUITY | $229M |
| TOTAL LIABILITIES & EQUITY | $784M |
| Total Debt | $518M |
| Net Debt | $500M |
