| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $560.7K | — | $776.7K | — | -27.8% |
| Op. Income | -$28.4K | — | -$561.8K | — | 94.9% |
| Gross Margin | 100.0% | — | -14.2% | — | 114.2pp |
| Net Margin | -7.1% | — | -74.3% | — | 67.2pp |
| EPS (Diluted) | $-0.03 | — | $-0.45 | — | 93.7% |
| Free Cash Flow | -$461.6K | — | -$852.0K | — | 45.8% |
| Item | Amount |
|---|---|
| REVENUE | $560.7K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $560.7K |
| R&D Expenses | $0 |
| Selling & Marketing | $15.0K |
| General & Administrative | $452.6K |
| SG&A Expenses | $467.6K |
| Other Expenses | $121.5K |
| Operating Expenses | $589.1K |
| Cost & Expenses | $589.1K |
| OPERATING INCOME | -$28.4K |
| Interest Income | $0 |
| Interest Expense | $11.2K |
| Other Income/Expenses | -$11.2K |
| INCOME BEFORE TAX | -$39.6K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$39.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$39.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$39.6K |
| D&A | $322.8K |
| EBIT | -$28.4K |
| EBITDA | $294.5K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$39.6K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$168.2K |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$207.8K |
| Capital Expenditure | -$253.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$253.8K |
| Net Debt Issuance | -$22.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$21.1K |
| NET CASH FROM FINANCING | $543.5K |
| FREE CASH FLOW | -$461.6K |
| Net Change in Cash | $95.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $292.4K |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $194.2K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $302.4K |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $5M |
| Account Payables | $877.7K |
| Short-Term Debt | $194.0K |
| Deferred Revenue | $109.4K |
| Other Current Liabilities | $133.6K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $94.4K |
| TOTAL NON-CURRENT LIABILITIES | $216.0K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $35M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$34M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $5M |
| Total Debt | $409.2K |
| Net Debt | $116.8K |
