| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $2M | -16.4% | -48.6% |
| Op. Income | -$5M | -$3M | -$3M | -65.2% | -80.0% |
| Gross Margin | 59.3% | 75.6% | 48.6% | -16.3pp | 10.7pp |
| Net Margin | -379.1% | -213.2% | -172.4% | -165.9pp | -206.7pp |
| EPS (Diluted) | $-5.60 | $-3.91 | $-13.20 | -43.1% | 57.6% |
| Free Cash Flow | -$4M | -$4M | -$79.0K | 12.4% | -4470.9% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $476.0K |
| GROSS PROFIT | $694.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $265.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$5M |
| Interest Income | $4.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $189.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $8.0K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $280.0K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$6 |
| EPS Diluted | -$6 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $280.0K |
| Stock-Based Compensation | $907.0K |
| Deferred Income Tax | $6.0K |
| Other Non-Cash Items | $20.0K |
| Change in Working Capital | $47.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$435.0K |
| Acquisitions (Net) | $15.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$420.0K |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$500.0K |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $389.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $5M |
| Other Current Assets | $150.0K |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $877.0K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $16M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $220.0K |
| Other Current Liabilities | $83.0K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $73.0K |
| Deferred Tax Liabilities | $86.0K |
| Other Non-Current Liabilities | $10.0K |
| TOTAL NON-CURRENT LIABILITIES | $169.0K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $72M |
| Retained Earnings | -$59M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $0 |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $16M |
| Total Debt | $99.0K |
| Net Debt | -$5M |
