| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $125 | $0 | $639.9K | — | -100.0% |
| Op. Income | -$371.1K | $147.7K | -$3M | -351.3% | 88.6% |
| Gross Margin | -500.0% | — | 32.4% | — | -532.4pp |
| Net Margin | -299128.0% | — | -509.3% | — | -298618.7pp |
| EPS (Diluted) | $-0.10 | $0.05 | $-1.18 | -292.3% | 91.5% |
| Free Cash Flow | -$371.0K | $11.1K | -$2M | -3450.8% | 85.1% |
| Item | Amount |
|---|---|
| REVENUE | $125 |
| Cost of Revenue | $750 |
| GROSS PROFIT | -$625 |
| R&D Expenses | $30.0K |
| Selling & Marketing | $0 |
| General & Administrative | $340.5K |
| SG&A Expenses | $340.5K |
| Other Expenses | $0 |
| Operating Expenses | $370.5K |
| Cost & Expenses | $371.2K |
| OPERATING INCOME | -$371.1K |
| Interest Income | $0 |
| Interest Expense | $2.8K |
| Other Income/Expenses | -$2.8K |
| INCOME BEFORE TAX | -$373.9K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$373.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$373.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$373.9K |
| D&A | $59.8K |
| EBIT | -$371.1K |
| EBITDA | -$311.3K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$374.0K |
| Depreciation & Amortization | $59.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $767 |
| Change in Working Capital | -$57.6K |
| OPERATING CASH FLOW | -$371.0K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $350.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $350.0K |
| FREE CASH FLOW | -$371.0K |
| Net Change in Cash | -$21.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.1K |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $94.3K |
| TOTAL CURRENT ASSETS | $103.5K |
| PP&E (Net) | $144.6K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $109.9K |
| TOTAL NON-CURRENT ASSETS | $254.4K |
| TOTAL ASSETS | $357.9K |
| Account Payables | $100.8K |
| Short-Term Debt | $58.7K |
| Deferred Revenue | $1.4K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $846.7K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $15.1K |
| TOTAL LIABILITIES | $861.8K |
| Common Stock | $490.1K |
| Additional Paid-In Capital | $94M |
| Retained Earnings | -$97M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$503.9K |
| Minority Interest | $0 |
| TOTAL EQUITY | -$503.9K |
| TOTAL LIABILITIES & EQUITY | $357.9K |
| Total Debt | $73.8K |
| Net Debt | $64.7K |
