| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $8M | $8M | -3.6% | 0.4% |
| Op. Income | -$45.5K | $1M | $767.5K | -103.7% | -105.9% |
| Gross Margin | 39.4% | 44.7% | 34.7% | -5.3pp | 4.7pp |
| Net Margin | -2.3% | 8.4% | 5.6% | -10.7pp | -7.9pp |
| EPS (Diluted) | $-0.73 | $2.80 | $2.00 | -126.1% | -136.5% |
| Free Cash Flow | -$6M | $157.7K | $430.0K | -3759.0% | -1441.5% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$45.5K |
| Interest Income | $0 |
| Interest Expense | $68.1K |
| Other Income/Expenses | -$61.6K |
| INCOME BEFORE TAX | -$107.1K |
| Income Tax Expense | $72.4K |
| Net Income from Continuing Ops | -$179.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$179.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$179.5K |
| D&A | $894.0K |
| EBIT | -$39.0K |
| EBITDA | $855.1K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$179.5K |
| Depreciation & Amortization | $894.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$59.1K |
| Other Non-Cash Items | $176.1K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$714.6K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$128.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$372.4K |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $659.8K |
| Inventory | $6M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $14M |
| PP&E (Net) | $18M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $94.3K |
| Other Non-Current Assets | $805.4K |
| TOTAL NON-CURRENT ASSETS | $21M |
| TOTAL ASSETS | $35M |
| Account Payables | $406.4K |
| Short-Term Debt | $1M |
| Deferred Revenue | $32.0K |
| Other Current Liabilities | $49.0K |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $381.9K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $20M |
| Common Stock | $245.9K |
| Additional Paid-In Capital | $11M |
| Retained Earnings | $4M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15.2K |
| Other Equity | -$220.0K |
| TOTAL STOCKHOLDERS' EQUITY | $15M |
| Minority Interest | $0 |
| TOTAL EQUITY | $15M |
| TOTAL LIABILITIES & EQUITY | $35M |
| Total Debt | $18M |
| Net Debt | $14M |
