| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38.0K | $24.0K | $0 | 58.3% | — |
| Op. Income | -$9M | -$9M | -$9M | 1.8% | -1.7% |
| Gross Margin | -5.3% | -33.3% | — | 28.1pp | — |
| Net Margin | -21544.7% | -35745.8% | — | 14201.1pp | — |
| EPS (Diluted) | $-0.20 | $-0.25 | $-0.25 | 20.0% | 20.0% |
| Free Cash Flow | -$8M | -$6M | $4M | -19.5% | -276.5% |
| Item | Amount |
|---|---|
| REVENUE | $38.0K |
| Cost of Revenue | $40.0K |
| GROSS PROFIT | -$2.0K |
| R&D Expenses | $3M |
| Selling & Marketing | $1M |
| General & Administrative | $4M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$9M |
| Interest Income | $921.0K |
| Interest Expense | $4.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $216.0K |
| EBIT | -$8M |
| EBITDA | -$8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $216.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $159.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$3.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$57M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$45M |
| Net Debt Issuance | -$115.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $47.0K |
| NET CASH FROM FINANCING | $54M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $41M |
| Net Receivables | $25.0K |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $47M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $997.0K |
| Long-Term Investments | $68M |
| Tax Assets | $0 |
| Other Non-Current Assets | $588.0K |
| TOTAL NON-CURRENT ASSETS | $71M |
| TOTAL ASSETS | $118M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $20M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $23M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $383M |
| Retained Earnings | -$288M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $76.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $95M |
| Minority Interest | $0 |
| TOTAL EQUITY | $95M |
| TOTAL LIABILITIES & EQUITY | $118M |
| Total Debt | $568.0K |
| Net Debt | -$5M |
