| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $15M | — | -35.3% | — |
| Op. Income | -$1M | -$2M | — | 23.1% | — |
| Gross Margin | 8.2% | 1.8% | — | 6.4pp | — |
| Net Margin | -25.7% | -16.4% | — | -9.4pp | — |
| EPS (Diluted) | $-0.84 | $-1.00 | — | 16.0% | — |
| Free Cash Flow | $999.7K | -$6M | — | 118.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $813.3K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$28.8K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $105.6K |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $612.7K |
| EBIT | -$1M |
| EBITDA | -$781.6K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $612.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $120.9K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $999.8K |
| Capital Expenditure | -$157 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$44.5K |
| NET CASH FROM INVESTING | -$44.6K |
| Net Debt Issuance | -$759.9K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$759.9K |
| FREE CASH FLOW | $999.7K |
| Net Change in Cash | $195.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $434.4K |
| Short-Term Investments | $0 |
| Net Receivables | $614.0K |
| Inventory | $6M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $5.6K |
| Goodwill | $22M |
| Intangible Assets | $13M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $38M |
| TOTAL ASSETS | $48M |
| Account Payables | $2M |
| Short-Term Debt | $21M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $360.8K |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $38M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $124M |
| Retained Earnings | -$115M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $553.7K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | -$414.5K |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $48M |
| Total Debt | $31M |
| Net Debt | $30M |
