| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $1M | -24.2% | 2.7% |
| Op. Income | -$527.0K | -$474.5K | -$555.8K | -11.1% | 5.2% |
| Gross Margin | 60.9% | 66.3% | 59.7% | -5.4pp | 1.3pp |
| Net Margin | -31.8% | -34.7% | -56.5% | 2.9pp | 24.7pp |
| EPS (Diluted) | $-0.87 | $-1.13 | $-1.38 | 22.7% | 37.0% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $437.6K |
| GROSS PROFIT | $682.1K |
| R&D Expenses | $173.1K |
| Selling & Marketing | $595.3K |
| General & Administrative | $440.7K |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$527.0K |
| Interest Income | $38.4K |
| Interest Expense | $0 |
| Other Income/Expenses | $48.6K |
| INCOME BEFORE TAX | -$478.5K |
| Income Tax Expense | $132.6K |
| Net Income from Continuing Ops | -$611.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$356.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$356.2K |
| D&A | $527.0K |
| EBIT | -$527.0K |
| EBITDA | $0 |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$356.2K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $356.2K |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $274.1K |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $141.7K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $973.6K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $14M |
| Account Payables | $358.3K |
| Short-Term Debt | $418.6K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $72M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $518.1K |
| TOTAL NON-CURRENT LIABILITIES | $584.5K |
| TOTAL LIABILITIES | $73M |
| Common Stock | $72.5K |
| Additional Paid-In Capital | $298M |
| Retained Earnings | -$369M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$60M |
| Minority Interest | $2M |
| TOTAL EQUITY | -$58M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $485.0K |
| Net Debt | -$4M |
