| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41.0K | $27.2K | $78.7K | 50.9% | -47.9% |
| Op. Income | -$2M | -$3M | -$1M | 30.1% | -87.3% |
| Gross Margin | 66.9% | 72.4% | 88.4% | -5.5pp | -21.4pp |
| Net Margin | -4847.8% | -10424.5% | -1323.4% | 5576.7pp | -3524.4pp |
| EPS (Diluted) | $-0.15 | $-0.29 | $-0.14 | 48.3% | -7.1% |
| Free Cash Flow | -$1M | -$1M | -$829.6K | -23.9% | -71.9% |
| Item | Amount |
|---|---|
| REVENUE | $41.0K |
| Cost of Revenue | $13.6K |
| GROSS PROFIT | $27.5K |
| R&D Expenses | $406.3K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $1.1K |
| Interest Expense | $0 |
| Other Income/Expenses | $22.9K |
| 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 | $4.8K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $4.8K |
| Stock-Based Compensation | $636.8K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$19.3K |
| Change in Working Capital | -$60.3K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | $4 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $20.1K |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $47.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $622.0K |
| Short-Term Investments | $1M |
| Net Receivables | $14.5K |
| Inventory | $175.3K |
| Other Current Assets | $379.8K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $279.5K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $279.5K |
| TOTAL ASSETS | $3M |
| Account Payables | $181.4K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $240.0K |
| TOTAL CURRENT LIABILITIES | $574.7K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $574.7K |
| Common Stock | $13.3K |
| Additional Paid-In Capital | $89M |
| Retained Earnings | -$87M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $317 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $0 |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $0 |
| Net Debt | -$622.0K |
