| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $6M | $5M | 6.8% | 34.5% |
| Op. Income | -$2M | -$2M | $1M | 4.4% | -301.5% |
| Gross Margin | 58.1% | 56.1% | 46.3% | 2.0pp | 11.8pp |
| Net Margin | -35.3% | -37.9% | 23.1% | 2.6pp | -58.4pp |
| EPS (Diluted) | $-0.08 | $-0.09 | $0.04 | 5.5% | -295.7% |
| Free Cash Flow | -$2M | -$2M | -$4M | -4.3% | 59.7% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $4M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$2M |
| Interest Income | $66.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $13.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $54.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $149.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $149.0K |
| Stock-Based Compensation | $341.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $365.0K |
| Change in Working Capital | -$350.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$21.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$21.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $226.0K |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $4M |
| Other Current Assets | $693.0K |
| TOTAL CURRENT ASSETS | $31M |
| PP&E (Net) | $10M |
| Goodwill | $8M |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $222.0K |
| TOTAL NON-CURRENT ASSETS | $19M |
| TOTAL ASSETS | $51M |
| Account Payables | $743.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $567.0K |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $16.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $13M |
| Common Stock | $29.0K |
| Additional Paid-In Capital | $75M |
| Retained Earnings | -$37M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$87.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $37M |
| Minority Interest | $0 |
| TOTAL EQUITY | $37M |
| TOTAL LIABILITIES & EQUITY | $51M |
| Total Debt | $9M |
| Net Debt | -$13M |
