| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $49.0K | $152.0K | $135.0K | -67.8% | -63.7% |
| Op. Income | -$4M | -$3M | -$3M | -27.5% | -17.4% |
| Gross Margin | -146.9% | -1.3% | 8.9% | -145.6pp | -155.8pp |
| Net Margin | -7832.7% | -2584.2% | -1863.7% | -5248.4pp | -5968.9pp |
| EPS (Diluted) | $-1.42 | $-1.45 | $-1.54 | 2.1% | 7.8% |
| Free Cash Flow | -$4M | -$2M | -$3M | -48.7% | -17.6% |
| Item | Amount |
|---|---|
| REVENUE | $49.0K |
| Cost of Revenue | $121.0K |
| GROSS PROFIT | -$72.0K |
| R&D Expenses | $945.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $6.0K |
| Other Income/Expenses | $173.0K |
| 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 | $8.0K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $8.0K |
| Stock-Based Compensation | $622.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$143.0K |
| Change in Working Capital | -$185.0K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $21.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $502.0K |
| Inventory | $1M |
| Other Current Assets | $9.0K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $99.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $99.0K |
| TOTAL ASSETS | $3M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $39.0K |
| Other Current Liabilities | $425.0K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $69.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $132.0K |
| TOTAL NON-CURRENT LIABILITIES | $201.0K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $175M |
| Retained Earnings | -$176M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $282.0K |
| Other Equity | $2M |
| TOTAL STOCKHOLDERS' EQUITY | $1M |
| Minority Interest | $0 |
| TOTAL EQUITY | $1M |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $0 |
| Net Debt | -$1M |
