| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $7M | $7M | -9.7% | -7.5% |
| Op. Income | -$708.3K | -$631.0K | -$380.3K | -12.3% | -86.2% |
| Gross Margin | 22.7% | 19.2% | 23.0% | 3.5pp | -0.3pp |
| Net Margin | -10.7% | -8.8% | -5.0% | -1.9pp | -5.8pp |
| EPS (Diluted) | $-0.64 | $-0.58 | $-0.35 | -10.3% | -81.8% |
| Free Cash Flow | -$415.6K | $463.7K | $96.3K | -189.6% | -531.4% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $304.7K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $225.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$708.3K |
| Interest Income | $15.6K |
| Interest Expense | $12.0K |
| Other Income/Expenses | $255 |
| INCOME BEFORE TAX | -$708.1K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$708.1K |
| Net Income from Discontinued Ops | $189.7K |
| Other Adjustments | $0 |
| NET INCOME | -$708.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$708.1K |
| D&A | $83.9K |
| EBIT | -$696.1K |
| EBITDA | -$612.2K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$708.1K |
| Depreciation & Amortization | $83.9K |
| Stock-Based Compensation | $20.3K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $249.1K |
| Change in Working Capital | -$55.3K |
| OPERATING CASH FLOW | -$410.1K |
| Capital Expenditure | -$5.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5.4K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$415.6K |
| Net Change in Cash | -$415.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $753.0K |
| Other Current Assets | $402.8K |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $3M |
| Goodwill | $1M |
| Intangible Assets | $627.2K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $72.7K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $13M |
| Account Payables | $195.0K |
| Short-Term Debt | $600.0K |
| Deferred Revenue | $278.6K |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $11M |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $20M |
| Retained Earnings | -$20M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $0 |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $13M |
| Total Debt | $3M |
| Net Debt | $873.8K |
