| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $295.2K | — | $286.1K | — | 3.2% |
| Op. Income | -$516.6K | — | -$965.9K | — | 46.5% |
| Gross Margin | 50.0% | — | 57.1% | — | -7.1pp |
| Net Margin | -191.4% | — | -467.2% | — | 275.8pp |
| EPS (Diluted) | $-0.03 | — | $-0.09 | — | 62.5% |
| Free Cash Flow | -$555.3K | — | -$640.3K | — | 13.3% |
| Item | Amount |
|---|---|
| REVENUE | $295.2K |
| Cost of Revenue | $147.6K |
| GROSS PROFIT | $147.6K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $664.2K |
| SG&A Expenses | $664.2K |
| Other Expenses | $0 |
| Operating Expenses | $664.2K |
| Cost & Expenses | $811.8K |
| OPERATING INCOME | -$516.6K |
| Interest Income | $0 |
| Interest Expense | $50.1K |
| Other Income/Expenses | -$14.5K |
| INCOME BEFORE TAX | -$531.2K |
| Income Tax Expense | $42.9K |
| Net Income from Continuing Ops | -$574.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$565.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$565.1K |
| D&A | $3.3K |
| EBIT | -$481.0K |
| EBITDA | -$477.7K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$565.1K |
| Depreciation & Amortization | $3.3K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $94.1K |
| Change in Working Capital | -$87.6K |
| OPERATING CASH FLOW | -$555.3K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$300.0K |
| NET CASH FROM INVESTING | -$300.0K |
| Net Debt Issuance | -$247.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$506.5K |
| NET CASH FROM FINANCING | $656.2K |
| FREE CASH FLOW | -$555.3K |
| Net Change in Cash | -$165.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $2.6K |
| Other Current Assets | $101.1K |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $481.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $141 |
| Tax Assets | $0 |
| Other Non-Current Assets | $142.6K |
| TOTAL NON-CURRENT ASSETS | $623.8K |
| TOTAL ASSETS | $7M |
| Account Payables | $545.2K |
| Short-Term Debt | $981.6K |
| Deferred Revenue | $14.9K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $175.2K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $647 |
| Additional Paid-In Capital | $11M |
| Retained Earnings | -$7M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$360.5K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $101.2K |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $7M |
| Total Debt | $1M |
| Net Debt | -$3M |
