| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $2M | $7M | 239.0% | -21.4% |
| Op. Income | -$2M | -$3M | $311.4K | 39.6% | -678.8% |
| Gross Margin | 11.2% | -7.7% | 19.2% | 18.9pp | -8.0pp |
| Net Margin | -35.4% | 90.7% | 1.5% | -126.1pp | -36.8pp |
| EPS (Diluted) | $-0.26 | $0.21 | $0.02 | -221.9% | -1718.2% |
| Free Cash Flow | -$1M | -$505.9K | -$955.4K | -129.8% | -21.7% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $591.8K |
| R&D Expenses | $376.5K |
| Selling & Marketing | $192.9K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $33.7K |
| Other Income/Expenses | -$9.7K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $2.5K |
| 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 | $100.9K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$860.1K |
| Capital Expenditure | -$302.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$302.6K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $747.7K |
| NET CASH FROM FINANCING | $747.7K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $350.7K |
| Short-Term Investments | $0 |
| Net Receivables | $846.0K |
| Inventory | $6M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $242.8K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $239.3K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $13M |
| Account Payables | $2M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $822.9K |
| TOTAL NON-CURRENT LIABILITIES | $832.4K |
| TOTAL LIABILITIES | $22M |
| Common Stock | $0 |
| Additional Paid-In Capital | $88M |
| Retained Earnings | -$89M |
| Treasury Stock | -$896.1K |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$5M |
| Minority Interest | -$5M |
| TOTAL EQUITY | -$9M |
| TOTAL LIABILITIES & EQUITY | $13M |
| Total Debt | $5M |
| Net Debt | $4M |
