| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $93M | $272M | $173M | -65.8% | -46.3% |
| Op. Income | -$103M | -$189M | -$234M | 45.4% | 56.0% |
| Gross Margin | 12.0% | -10.9% | 17.5% | 22.9pp | -5.5pp |
| Net Margin | -197.0% | -160.7% | -149.3% | -36.2pp | -47.6pp |
| EPS (Diluted) | $-0.28 | $-0.65 | $-0.47 | 56.9% | 40.4% |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $82M |
| GROSS PROFIT | $11M |
| R&D Expenses | $49M |
| Selling & Marketing | $40M |
| General & Administrative | $31M |
| SG&A Expenses | $70M |
| Other Expenses | -$5M |
| Operating Expenses | $114M |
| Cost & Expenses | $196M |
| OPERATING INCOME | -$103M |
| Interest Income | $7M |
| Interest Expense | $34M |
| Other Income/Expenses | -$79M |
| INCOME BEFORE TAX | -$182M |
| Income Tax Expense | $632.0K |
| Net Income from Continuing Ops | -$183M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$183M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$183M |
| D&A | $18M |
| EBIT | -$148M |
| EBITDA | -$130M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $123M |
| Short-Term Investments | $0 |
| Net Receivables | $182M |
| Inventory | $143M |
| Other Current Assets | $565M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $452M |
| Goodwill | $0 |
| Intangible Assets | $116M |
| Long-Term Investments | $9M |
| Tax Assets | $0 |
| Other Non-Current Assets | $676M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $364M |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $32M |
| Other Current Liabilities | $123M |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $185M |
| Deferred Revenue NC | $302M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $498M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | -$2.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $57M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.0B |
| Minority Interest | -$8M |
| TOTAL EQUITY | -$1.0B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $1.4B |
| Net Debt | $1.3B |
