| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $3M | -15.6% | 9.1% |
| Op. Income | -$229.8K | $473.3K | $379.3K | -148.6% | -160.6% |
| Gross Margin | 49.2% | 46.0% | 46.7% | 3.2pp | 2.5pp |
| Net Margin | -11.6% | 10.3% | 11.2% | -21.9pp | -22.7pp |
| EPS (Diluted) | $-0.02 | $0.02 | $0.02 | -194.2% | -212.9% |
| Free Cash Flow | -$991.6K | $281.1K | $93.2K | -452.8% | -1163.8% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $19.7K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $71.5K |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$229.8K |
| Interest Income | $0 |
| Interest Expense | $13.8K |
| Other Income/Expenses | -$12.0K |
| INCOME BEFORE TAX | -$241.8K |
| Income Tax Expense | $86.7K |
| Net Income from Continuing Ops | -$328.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$328.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$328.5K |
| D&A | $339.9K |
| EBIT | -$228.0K |
| EBITDA | $111.9K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$328.5K |
| Depreciation & Amortization | $339.9K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $4.1K |
| Other Non-Cash Items | -$5.8K |
| Change in Working Capital | -$996.4K |
| OPERATING CASH FLOW | -$986.6K |
| Capital Expenditure | -$5.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5.0K |
| Net Debt Issuance | -$71.5K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$71.5K |
| FREE CASH FLOW | -$991.6K |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $301.7K |
| Short-Term Investments | $0 |
| Net Receivables | $922.7K |
| Inventory | $4M |
| Other Current Assets | $342.4K |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $214.6K |
| Long-Term Investments | $0 |
| Tax Assets | $91.6K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $12M |
| Account Payables | $2M |
| Short-Term Debt | $703.0K |
| Deferred Revenue | $568.7K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $10M |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $2M |
| Retained Earnings | $92.9K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $0 |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $12M |
| Total Debt | $5M |
| Net Debt | $5M |
