| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $3M | 10.7% | -5.1% |
| Op. Income | -$637.1K | -$317.8K | -$468.6K | -100.5% | -36.0% |
| Gross Margin | 36.6% | 40.4% | 31.6% | -3.7pp | 5.0pp |
| Net Margin | -13.1% | -3.8% | -7.6% | -9.3pp | -5.5pp |
| EPS (Diluted) | $-0.05 | $-0.01 | $-0.03 | -279.0% | -61.6% |
| Free Cash Flow | -$155.6K | -$174.8K | -$1M | 10.9% | 84.8% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$637.1K |
| Interest Income | $220.4K |
| Interest Expense | $0 |
| Other Income/Expenses | $220.4K |
| INCOME BEFORE TAX | -$416.8K |
| Income Tax Expense | $2.8K |
| Net Income from Continuing Ops | -$419.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$419.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$419.5K |
| D&A | $53.1K |
| EBIT | -$637.1K |
| EBITDA | -$584.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$419.5K |
| Depreciation & Amortization | $53.1K |
| Stock-Based Compensation | $14.3K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$41.8K |
| Change in Working Capital | $595.5K |
| OPERATING CASH FLOW | $201.6K |
| Capital Expenditure | -$357.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | -$70.6K |
| NET CASH FROM INVESTING | -$392.8K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $104.9K |
| FREE CASH FLOW | -$155.6K |
| Net Change in Cash | -$86.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $9M |
| Net Receivables | $2M |
| Inventory | $5M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $19M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $19M |
| TOTAL ASSETS | $38M |
| Account Payables | $731.7K |
| Short-Term Debt | $0 |
| Deferred Revenue | $249.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $119.7K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $46.8K |
| Additional Paid-In Capital | $14M |
| Retained Earnings | $17M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31M |
| Minority Interest | $0 |
| TOTAL EQUITY | $31M |
| TOTAL LIABILITIES & EQUITY | $38M |
| Total Debt | $3M |
| Net Debt | -$28.1K |
