| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $3M | -6.2% | 10.3% |
| Op. Income | -$14M | -$15M | -$13M | 5.9% | -7.7% |
| Gross Margin | -108.3% | -96.3% | -84.3% | -12.0pp | -24.1pp |
| Net Margin | -470.3% | -468.7% | -479.5% | -1.6pp | 9.2pp |
| EPS (Diluted) | $-0.21 | $-0.23 | $-0.21 | 8.7% | 0.0% |
| Free Cash Flow | -$11M | -$12M | -$10M | 6.2% | -13.2% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $6M |
| GROSS PROFIT | -$3M |
| R&D Expenses | $5M |
| Selling & Marketing | $939.0K |
| General & Administrative | $5M |
| SG&A Expenses | $6M |
| Other Expenses | -$14.0K |
| Operating Expenses | $11M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$14M |
| Interest Income | $765.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $765.0K |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | -$86.0K |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $3M |
| EBIT | -$14M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$94.0K |
| Other Non-Cash Items | $27.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$527.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $121.0K |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $22M |
| Net Receivables | $2M |
| Inventory | $2M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $68M |
| PP&E (Net) | $49M |
| Goodwill | $0 |
| Intangible Assets | $67M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $129M |
| TOTAL ASSETS | $197M |
| Account Payables | $2M |
| Short-Term Debt | $3M |
| Deferred Revenue | $112.0K |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $744.0K |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $20M |
| Common Stock | $181.0K |
| Additional Paid-In Capital | $564M |
| Retained Earnings | -$387M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $177M |
| Minority Interest | $0 |
| TOTAL EQUITY | $177M |
| TOTAL LIABILITIES & EQUITY | $197M |
| Total Debt | $7M |
| Net Debt | -$33M |
