| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $3M | $2M | -64.7% | -36.0% |
| Op. Income | -$2M | -$8M | -$2M | 70.5% | -10.1% |
| Gross Margin | 24.9% | 11.0% | 8.8% | 13.9pp | 16.1pp |
| Net Margin | -277.8% | -152.5% | 26.5% | -125.3pp | -304.3pp |
| EPS (Diluted) | $-9.41 | $-73.54 | $1.83 | 87.2% | -614.2% |
| Free Cash Flow | -$2M | -$5M | $0 | 59.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $820.1K |
| GROSS PROFIT | $271.9K |
| R&D Expenses | $0 |
| Selling & Marketing | $396.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $349.1K |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $523.2K |
| Other Income/Expenses | -$581.9K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $222.7K |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $392.2K |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$9 |
| EPS Diluted | -$9 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $392.2K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $55.3K |
| Change in Working Capital | $554.3K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$17.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $82.7K |
| NET CASH FROM INVESTING | $65.3K |
| Net Debt Issuance | -$300.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $67 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$353.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $99.5K |
| Short-Term Investments | $0 |
| Net Receivables | $199.3K |
| Inventory | $3M |
| Other Current Assets | $445.5K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $8M |
| Goodwill | $589.9K |
| Intangible Assets | $403.9K |
| Long-Term Investments | $14M |
| Tax Assets | $0 |
| Other Non-Current Assets | $38.6K |
| TOTAL NON-CURRENT ASSETS | $24M |
| TOTAL ASSETS | $27M |
| Account Payables | $6M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $9M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $27M |
| Common Stock | $721 |
| Additional Paid-In Capital | $77M |
| Retained Earnings | -$77M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$329.0K |
| Minority Interest | $0 |
| TOTAL EQUITY | -$329.0K |
| TOTAL LIABILITIES & EQUITY | $27M |
| Total Debt | $17M |
| Net Debt | $17M |
