| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $895.7K | $761.2K | $646.6K | 17.7% | 38.5% |
| Op. Income | -$2M | -$1M | -$2M | -56.5% | -25.3% |
| Gross Margin | 84.4% | 86.2% | 88.4% | -1.8pp | -4.0pp |
| Net Margin | -254.4% | -190.2% | -328.0% | -64.2pp | 73.5pp |
| EPS (Diluted) | $-0.33 | $-0.24 | $-0.32 | -37.5% | -3.1% |
| Free Cash Flow | -$2M | -$2M | -$1M | 7.8% | -20.4% |
| Item | Amount |
|---|---|
| REVENUE | $895.7K |
| Cost of Revenue | $139.5K |
| GROSS PROFIT | $756.2K |
| R&D Expenses | $60.6K |
| Selling & Marketing | $134.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $2.2K |
| Other Income/Expenses | $16.4K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $6.4K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $6.4K |
| Stock-Based Compensation | $105.8K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $12.4K |
| Change in Working Capital | $550.4K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$18.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$18.0K |
| Net Debt Issuance | -$69.8K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$69.8K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $243.7K |
| Inventory | $37.4K |
| Other Current Assets | $254.5K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $374.7K |
| Goodwill | $0 |
| Intangible Assets | $94.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $20.2K |
| TOTAL NON-CURRENT ASSETS | $488.8K |
| TOTAL ASSETS | $3M |
| Account Payables | $535.0K |
| Short-Term Debt | $84.3K |
| Deferred Revenue | $37.7K |
| Other Current Liabilities | $7.3K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $431.6K |
| TOTAL NON-CURRENT LIABILITIES | $670.1K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $7.2K |
| Additional Paid-In Capital | $59M |
| Retained Earnings | -$59M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $258.5K |
| Minority Interest | $0 |
| TOTAL EQUITY | $258.5K |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $388.7K |
| Net Debt | -$2M |
