| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $369.0K | $542.0K | $309.0K | -31.9% | 19.4% |
| Op. Income | -$2M | -$2M | -$3M | -37.6% | 25.5% |
| Gross Margin | 33.3% | 71.6% | 27.8% | -38.3pp | 5.5pp |
| Net Margin | -621.1% | -312.7% | -286.7% | -308.4pp | -334.4pp |
| EPS (Diluted) | $-1.29 | $-1.26 | $-1.90 | -2.4% | 32.1% |
| Free Cash Flow | -$1M | -$1M | -$3M | -7.4% | 53.1% |
| Item | Amount |
|---|---|
| REVENUE | $369.0K |
| Cost of Revenue | $246.0K |
| GROSS PROFIT | $123.0K |
| R&D Expenses | $1M |
| Selling & Marketing | $179.0K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $51.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $41.0K |
| Interest Expense | $13.0K |
| Other Income/Expenses | $91.0K |
| 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 | $190.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $190.0K |
| Stock-Based Compensation | $177.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$107.0K |
| Change in Working Capital | $731.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$63.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4.0K |
| NET CASH FROM INVESTING | -$63.0K |
| Net Debt Issuance | -$47.0K |
| Common Stock Repurchased | -$86.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $97.0K |
| Inventory | $425.0K |
| Other Current Assets | $595.0K |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $15.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $554.0K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $11M |
| Account Payables | $438.0K |
| Short-Term Debt | $131.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $122.0K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $5M |
| Common Stock | $25.0K |
| Additional Paid-In Capital | $290M |
| Retained Earnings | -$284M |
| Treasury Stock | -$86.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $11M |
| Total Debt | $4M |
| Net Debt | -$3M |
