| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $350.0K | 13.0% | 245.7% |
| Op. Income | -$2M | -$1M | -$1M | -37.7% | -57.1% |
| Gross Margin | 70.4% | 72.3% | 58.9% | -1.9pp | 11.6pp |
| Net Margin | -43.4% | -779.1% | -340.9% | 735.7pp | 297.5pp |
| EPS (Diluted) | $-7.97 | $-108.28 | $-24.52 | 92.6% | 67.5% |
| Free Cash Flow | -$2M | -$2M | -$1M | -10.3% | -37.4% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $358.0K |
| GROSS PROFIT | $852.0K |
| R&D Expenses | $282.0K |
| Selling & Marketing | $518.0K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $45.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$525.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$525.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$525.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$525.0K |
| D&A | $65.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$8 |
| EPS Diluted | -$8 |
| Item | Amount |
|---|---|
| Net Income | -$525.0K |
| Depreciation & Amortization | $65.0K |
| Stock-Based Compensation | $52.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $234.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$131.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$131.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$84.0K |
| NET CASH FROM FINANCING | -$84.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $160.0K |
| Inventory | $1M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $816.0K |
| Goodwill | $0 |
| Intangible Assets | $51.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.0K |
| TOTAL NON-CURRENT ASSETS | $872.0K |
| TOTAL ASSETS | $8M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $986.0K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18.0K |
| TOTAL NON-CURRENT LIABILITIES | $18.0K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $44.0K |
| Additional Paid-In Capital | $29M |
| Retained Earnings | -$23M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $26.0K |
| Net Debt | -$6M |
