| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $190.3K | $133.2K | $179.5K | 42.9% | 6.0% |
| Op. Income | -$1M | -$2M | -$1M | 36.7% | -4.7% |
| Gross Margin | 16.1% | -95.4% | 50.3% | 111.5pp | -34.3pp |
| Net Margin | -657.7% | -1472.7% | -732.9% | 814.9pp | 75.2pp |
| EPS (Diluted) | $-1.70 | $-2.70 | $-2.00 | 37.0% | 15.0% |
| Free Cash Flow | -$1M | -$1M | -$897.1K | -23.9% | -38.6% |
| Item | Amount |
|---|---|
| REVENUE | $190.3K |
| Cost of Revenue | $159.7K |
| GROSS PROFIT | $30.5K |
| R&D Expenses | $372.3K |
| Selling & Marketing | $49.0K |
| General & Administrative | $755.4K |
| SG&A Expenses | $804.4K |
| Other Expenses | $125.4K |
| Operating Expenses | $1M |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$1M |
| Interest Income | $21.9K |
| Interest Expense | $0 |
| Other Income/Expenses | $20.1K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $5.5K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $5.5K |
| Stock-Based Compensation | $105.2K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3.0K |
| Change in Working Capital | -$82.4K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$23.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$23.4K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$144.6K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$144.6K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $21.7K |
| Net Receivables | $10.0K |
| Inventory | $64.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $164.5K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $164.5K |
| TOTAL ASSETS | $3M |
| Account Payables | $706.7K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19.4K |
| TOTAL CURRENT LIABILITIES | $769.3K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $769.3K |
| Common Stock | $7.5K |
| Additional Paid-In Capital | $30M |
| Retained Earnings | -$27M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$31.6K |
| Other Equity | $17.3K |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $0 |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $43.2K |
| Net Debt | -$2M |
