| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $816.0K | $870.8K | $885.3K | -6.3% | -7.8% |
| Op. Income | -$295.9K | -$324.1K | -$165.1K | 8.7% | -79.2% |
| Gross Margin | 49.7% | 48.3% | 53.7% | 1.3pp | -4.0pp |
| Net Margin | -36.4% | -37.5% | -18.9% | 1.1pp | -17.5pp |
| EPS (Diluted) | $-0.67 | $-0.74 | $-0.38 | 9.5% | -76.3% |
| Free Cash Flow | -$288.3K | -$332.8K | -$318.2K | 13.4% | 9.4% |
| Item | Amount |
|---|---|
| REVENUE | $816.0K |
| Cost of Revenue | $410.6K |
| GROSS PROFIT | $405.4K |
| R&D Expenses | $6.3K |
| Selling & Marketing | $121.4K |
| General & Administrative | $573.5K |
| SG&A Expenses | $695.0K |
| Other Expenses | $0 |
| Operating Expenses | $701.3K |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$295.9K |
| Interest Income | $0 |
| Interest Expense | $1.3K |
| Other Income/Expenses | -$1.3K |
| INCOME BEFORE TAX | -$297.2K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$297.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$297.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$297.2K |
| D&A | $91.4K |
| EBIT | -$295.9K |
| EBITDA | -$204.5K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$297.2K |
| Depreciation & Amortization | $91.4K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$82.5K |
| OPERATING CASH FLOW | -$288.3K |
| Capital Expenditure | -$4 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $318.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $318.0K |
| FREE CASH FLOW | -$288.3K |
| Net Change in Cash | $29.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80.4K |
| Short-Term Investments | $0 |
| Net Receivables | $1.8K |
| Inventory | $0 |
| Other Current Assets | $3.4K |
| TOTAL CURRENT ASSETS | $85.7K |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $2M |
| Account Payables | $7.7K |
| Short-Term Debt | $270.0K |
| Deferred Revenue | $3M |
| Other Current Liabilities | $29.8K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $807 |
| Additional Paid-In Capital | $79.7K |
| Retained Earnings | -$5M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$5M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$5M |
| TOTAL LIABILITIES & EQUITY | $2M |
| Total Debt | $3M |
| Net Debt | $3M |
