| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $25M | $25M | -11.3% | -11.2% |
| Op. Income | -$50M | $11.0K | -$2M | -451627.3% | -2079.4% |
| Gross Margin | 56.0% | 57.1% | 60.3% | -1.1pp | -4.3pp |
| Net Margin | -231.2% | 0.1% | -19.1% | -231.3pp | -212.0pp |
| EPS (Diluted) | $-11.40 | $0.00 | $-1.10 | -285100.0% | -936.4% |
| Free Cash Flow | $2M | $1M | $683.0K | 96.4% | 262.1% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $12M |
| R&D Expenses | $2M |
| Selling & Marketing | $5M |
| General & Administrative | $5M |
| SG&A Expenses | $10M |
| Other Expenses | $49M |
| Operating Expenses | $62M |
| Cost & Expenses | $71M |
| OPERATING INCOME | -$50M |
| Interest Income | $0 |
| Interest Expense | $802.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$51M |
| Income Tax Expense | -$454.0K |
| Net Income from Continuing Ops | -$50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$50M |
| D&A | $2M |
| EBIT | -$50M |
| EBITDA | -$48M |
| EPS | -$11 |
| EPS Diluted | -$11 |
| Item | Amount |
|---|---|
| Net Income | -$50M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $600.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $48M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$513.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$170.0K |
| NET CASH FROM INVESTING | -$683.0K |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$75.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$129.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $13M |
| Inventory | $23M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $45M |
| PP&E (Net) | $12M |
| Goodwill | $9M |
| Intangible Assets | $10M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $35M |
| TOTAL ASSETS | $80M |
| Account Payables | $5M |
| Short-Term Debt | $36M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $56M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $717.0K |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $65M |
| Common Stock | $442.0K |
| Additional Paid-In Capital | $237M |
| Retained Earnings | -$208M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15M |
| Minority Interest | $0 |
| TOTAL EQUITY | $15M |
| TOTAL LIABILITIES & EQUITY | $80M |
| Total Debt | $45M |
| Net Debt | $39M |
