| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19M | $11M | $4M | 78.5% | 445.5% |
| Op. Income | $5M | -$4M | -$5M | 227.7% | 206.8% |
| Gross Margin | 56.9% | 26.2% | 37.1% | 30.7pp | 19.8pp |
| Net Margin | -25.7% | 17.2% | -61.0% | -42.9pp | 35.3pp |
| EPS (Diluted) | $-0.17 | $0.06 | $-0.04 | -371.4% | -375.0% |
| Free Cash Flow | $0 | -$4M | $0 | 100.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $11M |
| R&D Expenses | $4M |
| Selling & Marketing | $326.9K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $5M |
| Interest Income | $460.8K |
| Interest Expense | $0 |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $477.5K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $182.0K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| 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 | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $44M |
| Net Receivables | $0 |
| Inventory | $14M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $105M |
| PP&E (Net) | $23M |
| Goodwill | $0 |
| Intangible Assets | $15M |
| Long-Term Investments | $3M |
| Tax Assets | $4M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $47M |
| TOTAL ASSETS | $152M |
| Account Payables | $758.5K |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $35.2K |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $8M |
| Common Stock | $146 |
| Additional Paid-In Capital | $29M |
| Retained Earnings | $106M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $8M |
| Other Equity | -$146 |
| TOTAL STOCKHOLDERS' EQUITY | $144M |
| Minority Interest | $0 |
| TOTAL EQUITY | $144M |
| TOTAL LIABILITIES & EQUITY | $152M |
| Total Debt | $0 |
| Net Debt | -$36M |
