| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $196.0K | — | $166.6K | — | 17.6% |
| Op. Income | -$458.1K | — | -$809.6K | — | 43.4% |
| Gross Margin | 8.2% | — | -14.4% | — | 22.6pp |
| Net Margin | -308.0% | — | -481.1% | — | 173.0pp |
| EPS (Diluted) | $-0.30 | — | $-0.43 | — | 30.2% |
| Free Cash Flow | -$3M | — | -$249.6K | — | -924.8% |
| Item | Amount |
|---|---|
| REVENUE | $196.0K |
| Cost of Revenue | $180.0K |
| GROSS PROFIT | $16.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $470.6K |
| Other Expenses | $3.5K |
| Operating Expenses | $474.1K |
| Cost & Expenses | $654.1K |
| OPERATING INCOME | -$458.1K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $366 |
| INCOME BEFORE TAX | -$457.7K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$457.7K |
| Net Income from Discontinued Ops | -$147.7K |
| Other Adjustments | $0 |
| NET INCOME | -$603.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$603.7K |
| D&A | $20.2K |
| EBIT | -$454.6K |
| EBITDA | -$434.4K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$605.4K |
| Depreciation & Amortization | $20.2K |
| Stock-Based Compensation | $9.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $120.2K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$26.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$12.7K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $2M |
| Other Current Assets | $46.4K |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $11M |
| Account Payables | $279.0K |
| Short-Term Debt | $102.5K |
| Deferred Revenue | $590.3K |
| Other Current Liabilities | $236.0K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $45.6K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $45.6K |
| TOTAL LIABILITIES | $1M |
| Common Stock | $0 |
| Additional Paid-In Capital | $18M |
| Retained Earnings | -$8M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | -$214.1K |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $11M |
| Total Debt | $152.4K |
| Net Debt | -$5M |
