| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $13M | $10M | -29.9% | -5.5% |
| Op. Income | -$858.1K | -$310.1K | -$789.2K | -176.7% | -8.7% |
| Gross Margin | -0.5% | 14.5% | 19.9% | -15.0pp | -20.5pp |
| Net Margin | -7.1% | -1.4% | 13.2% | -5.7pp | -20.3pp |
| EPS (Diluted) | $-0.19 | $-0.05 | $0.37 | -249.3% | -151.4% |
| Free Cash Flow | -$2M | $4M | $5M | -147.8% | -139.2% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $9M |
| GROSS PROFIT | -$48.9K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $809.2K |
| Other Expenses | $0 |
| Operating Expenses | $809.2K |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$858.1K |
| Interest Income | $22.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $22.8K |
| INCOME BEFORE TAX | -$835.3K |
| Income Tax Expense | -$176.6K |
| Net Income from Continuing Ops | -$658.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$658.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$658.7K |
| D&A | $81.1K |
| EBIT | -$835.3K |
| EBITDA | -$754.3K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$658.7K |
| Depreciation & Amortization | $81.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$207.0K |
| Other Non-Cash Items | -$800 |
| Change in Working Capital | -$992.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$37.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $800 |
| NET CASH FROM INVESTING | -$36.5K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $13M |
| Other Current Assets | $566.0K |
| TOTAL CURRENT ASSETS | $22M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $112.0K |
| Long-Term Investments | $0 |
| Tax Assets | $548.0K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $27M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| 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 | $0 |
| TOTAL LIABILITIES | $3M |
| Common Stock | $826.9K |
| Additional Paid-In Capital | $795.7K |
| Retained Earnings | $23M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24M |
| Minority Interest | $0 |
| TOTAL EQUITY | $24M |
| TOTAL LIABILITIES & EQUITY | $27M |
| Total Debt | $0 |
| Net Debt | -$3M |
