| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $2M | $5M | -11.5% | -70.2% |
| Op. Income | -$3M | -$4M | -$4M | 8.6% | 12.7% |
| Gross Margin | 49.1% | 44.1% | -34.3% | 5.0pp | 83.3pp |
| Net Margin | -263.2% | -528.9% | -91.2% | 265.7pp | -172.1pp |
| EPS (Diluted) | $-29.77 | $-1362.75 | $-880.15 | 97.8% | 96.6% |
| Free Cash Flow | -$3M | -$2M | -$216.0K | -117.8% | -1502.3% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $748.0K |
| GROSS PROFIT | $721.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $1M |
| Operating Expenses | $4M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $391.0K |
| Other Income/Expenses | -$392.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $106.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$30 |
| EPS Diluted | -$30 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $106.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $272.0K |
| Change in Working Capital | $44.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$16.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$16.0K |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $17M |
| Other Current Assets | $952.0K |
| TOTAL CURRENT ASSETS | $34M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $492.0K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $38M |
| Account Payables | $10M |
| Short-Term Debt | $780.0K |
| Deferred Revenue | $3M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $15M |
| Common Stock | $83.0K |
| Additional Paid-In Capital | $302M |
| Retained Earnings | -$279M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $265.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23M |
| Minority Interest | -$149.0K |
| TOTAL EQUITY | $23M |
| TOTAL LIABILITIES & EQUITY | $38M |
| Total Debt | $780.0K |
| Net Debt | -$8M |
