| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $3M | -9.8% | 11.4% |
| Op. Income | -$328.0K | -$46.0K | -$246.0K | -613.0% | -33.3% |
| Gross Margin | 70.5% | 73.9% | 74.0% | -3.3pp | -3.5pp |
| Net Margin | -11.0% | -1.4% | -9.2% | -9.6pp | -1.8pp |
| EPS (Diluted) | $-0.07 | $-0.01 | $-0.05 | -614.9% | -34.4% |
| Free Cash Flow | -$3M | $9M | $76.0K | -129.6% | -3692.1% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $882.0K |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $42.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $747.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$328.0K |
| Interest Income | $3M |
| Interest Expense | $919.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$328.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$328.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$328.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$328.0K |
| D&A | $75.0K |
| EBIT | -$328.0K |
| EBITDA | -$253.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$328.0K |
| Depreciation & Amortization | $75.0K |
| Stock-Based Compensation | $221.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$54.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $161.0K |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $59M |
| Short-Term Investments | $880.0K |
| Net Receivables | $860.0K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $61M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $202M |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $222M |
| TOTAL ASSETS | $283M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $165M |
| TOTAL CURRENT LIABILITIES | $165M |
| Long-Term Debt | $36M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $40M |
| TOTAL LIABILITIES | $205M |
| Common Stock | $56.0K |
| Additional Paid-In Capital | $52M |
| Retained Earnings | $40M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | -$4M |
| TOTAL STOCKHOLDERS' EQUITY | $77M |
| Minority Interest | $0 |
| TOTAL EQUITY | $77M |
| TOTAL LIABILITIES & EQUITY | $283M |
| Total Debt | $36M |
| Net Debt | -$23M |
