| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $4M | 9.5% | -9.7% |
| Op. Income | -$3M | -$3M | -$3M | 4.3% | -0.7% |
| Gross Margin | -3.3% | -12.9% | -3.2% | 9.6pp | -0.1pp |
| Net Margin | -91.2% | -107.2% | -83.9% | 16.0pp | -7.3pp |
| EPS (Diluted) | $-1.85 | $-19.19 | $-64.08 | 90.4% | 97.1% |
| Free Cash Flow | -$2M | -$3M | -$3M | 35.6% | 14.0% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $4M |
| GROSS PROFIT | -$115.5K |
| R&D Expenses | $108.9K |
| Selling & Marketing | $294.4K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1.5K |
| 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 | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $638 |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $638 |
| Stock-Based Compensation | $550.9K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $133.4K |
| Change in Working Capital | $304.6K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $398.9K |
| Inventory | $0 |
| Other Current Assets | $336.7K |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $919.3K |
| Goodwill | $0 |
| Intangible Assets | $86.7K |
| Long-Term Investments | $100.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $18M |
| Account Payables | $551.8K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $361.9K |
| TOTAL LIABILITIES | $5M |
| Common Stock | $218 |
| Additional Paid-In Capital | $69M |
| Retained Earnings | -$56M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6.7K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14M |
| Minority Interest | $0 |
| TOTAL EQUITY | $14M |
| TOTAL LIABILITIES & EQUITY | $18M |
| Total Debt | $891.4K |
| Net Debt | -$11M |
