| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $15M | — | -8.3% | — |
| Op. Income | $576.7K | -$5M | — | 110.9% | — |
| Gross Margin | 42.9% | 30.9% | — | 12.0pp | — |
| Net Margin | -2.3% | -30.0% | — | 27.8pp | — |
| EPS (Diluted) | $-0.33 | $-4.80 | — | 93.1% | — |
| Free Cash Flow | -$516.9K | $432.9K | — | -219.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | -$3M |
| Operating Expenses | $5M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $576.7K |
| Interest Income | $0 |
| Interest Expense | $784.9K |
| Other Income/Expenses | -$777.4K |
| INCOME BEFORE TAX | -$200.8K |
| Income Tax Expense | $110.1K |
| Net Income from Continuing Ops | -$310.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$310.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$310.9K |
| D&A | $2M |
| EBIT | $584.1K |
| EBITDA | $2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$310.9K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$510.4K |
| Capital Expenditure | -$6.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6.5K |
| Net Debt Issuance | -$103.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$103.3K |
| FREE CASH FLOW | -$516.9K |
| Net Change in Cash | -$620.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $20M |
| PP&E (Net) | $30M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $7M |
| Tax Assets | $0 |
| Other Non-Current Assets | $504.4K |
| TOTAL NON-CURRENT ASSETS | $38M |
| TOTAL ASSETS | $58M |
| Account Payables | $34M |
| Short-Term Debt | $22M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $57M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $59M |
| Common Stock | $18.8K |
| Additional Paid-In Capital | $227M |
| Retained Earnings | -$229M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $203.8K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1M |
| TOTAL LIABILITIES & EQUITY | $58M |
| Total Debt | $26M |
| Net Debt | $20M |
