| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $3M | $4M | 28.5% | 3.8% |
| Op. Income | -$1M | -$1M | -$5M | -40.0% | 72.0% |
| Gross Margin | 12.7% | 13.4% | 23.9% | -0.7pp | -11.2pp |
| Net Margin | -41.0% | -42.4% | -131.0% | 1.4pp | 90.0pp |
| EPS (Diluted) | $-66.48 | $-1.39 | $-4.55 | -4682.7% | -1361.1% |
| Free Cash Flow | $182.9K | -$891.7K | -$233.8K | 120.5% | 178.2% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $537.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $67.3K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $360.6K |
| Operating Expenses | $2M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $325.2K |
| Other Income/Expenses | -$329.7K |
| 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 | $360.6K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$66 |
| EPS Diluted | -$66 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $360.6K |
| Stock-Based Compensation | $975.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $59.7K |
| Change in Working Capital | $539.4K |
| OPERATING CASH FLOW | $197.8K |
| Capital Expenditure | -$14.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$9.6K |
| NET CASH FROM INVESTING | -$14.9K |
| Net Debt Issuance | -$169.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$73 |
| NET CASH FROM FINANCING | -$169.1K |
| FREE CASH FLOW | $182.9K |
| Net Change in Cash | $13.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $388.4K |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $1M |
| Goodwill | $7M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $21.8K |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $17M |
| Account Payables | $1M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $9M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $326 |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $255.8K |
| Additional Paid-In Capital | $52M |
| Retained Earnings | -$50M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $17M |
| Total Debt | $13M |
| Net Debt | $13M |
