| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $206.0K | $111.0K | $852.0K | 85.6% | -75.8% |
| Op. Income | -$5M | -$5M | -$6M | -11.6% | 9.0% |
| Gross Margin | -211.7% | -410.8% | -42.6% | 199.2pp | -169.0pp |
| Net Margin | -2513.6% | -4158.6% | -671.4% | 1645.0pp | -1842.2pp |
| EPS (Diluted) | $-0.73 | $-0.08 | $-0.10 | -853.0% | -630.0% |
| Free Cash Flow | -$4M | -$5M | -$4M | 5.6% | -4.0% |
| Item | Amount |
|---|---|
| REVENUE | $206.0K |
| Cost of Revenue | $642.0K |
| GROSS PROFIT | -$436.0K |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $60.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $38.0K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $38.0K |
| Stock-Based Compensation | $299.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8.0K |
| Change in Working Capital | $530.0K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $758.0K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $2M |
| Other Current Assets | $300.0K |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $739.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $112.0K |
| TOTAL NON-CURRENT ASSETS | $851.0K |
| TOTAL ASSETS | $8M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $18.0K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $459.0K |
| TOTAL NON-CURRENT LIABILITIES | $459.0K |
| TOTAL LIABILITIES | $5M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$153M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $157M |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $0 |
| Net Debt | -$4M |
