| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $5M | $4M | -14.8% | -1.6% |
| Op. Income | -$1M | $737.1K | -$333.5K | -280.1% | -298.0% |
| Gross Margin | 12.8% | 21.5% | 15.6% | -8.7pp | -2.8pp |
| Net Margin | -32.7% | 0.0% | -7.3% | -32.8pp | -25.4pp |
| EPS (Diluted) | $-0.18 | $0.00 | $-0.04 | -60100.0% | -343.3% |
| Free Cash Flow | -$1M | -$215.3K | $46.5K | -569.4% | -3199.9% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $522.5K |
| R&D Expenses | $0 |
| Selling & Marketing | $11.7K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $71.4K |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$1M |
| Interest Income | -$614 |
| Interest Expense | $28.1K |
| Other Income/Expenses | $81.7K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $89.6K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $492.3K |
| EBIT | -$1M |
| EBITDA | -$725.4K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $43.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $89.6K |
| Other Non-Cash Items | $479.6K |
| Change in Working Capital | -$680.3K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$38.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$38.3K |
| Net Debt Issuance | -$301.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $15.7K |
| Tax Assets | $0 |
| Other Non-Current Assets | $298.2K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $11M |
| Account Payables | $829.8K |
| Short-Term Debt | $484.7K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $659.6K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $105.2K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $750 |
| Additional Paid-In Capital | $5M |
| Retained Earnings | -$1M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $16.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $11M |
| Total Debt | $5M |
| Net Debt | $2M |
