| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $15M | $17M | 11.6% | -0.3% |
| Op. Income | $645.0K | -$22M | -$3M | 102.9% | 124.0% |
| Gross Margin | 50.0% | -1.2% | 17.3% | 51.2pp | 32.7pp |
| Net Margin | 2.7% | -144.2% | -17.3% | 147.0pp | 20.1pp |
| EPS (Diluted) | $0.08 | $-4.42 | $-0.65 | 101.8% | 112.1% |
| Free Cash Flow | -$10M | -$5M | -$198.0K | -112.7% | -4751.5% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $8M |
| R&D Expenses | $2M |
| Selling & Marketing | $3M |
| General & Administrative | $3M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $645.0K |
| Interest Income | $0 |
| Interest Expense | $91.0K |
| Other Income/Expenses | -$55.0K |
| INCOME BEFORE TAX | $590.0K |
| Income Tax Expense | $132.0K |
| Net Income from Continuing Ops | $458.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $458.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $458.0K |
| D&A | $1M |
| EBIT | $681.0K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $8M |
| R&D Expenses | $2M |
| Selling & Marketing | $3M |
| General & Administrative | $3M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $645.0K |
| Interest Income | $0 |
| Interest Expense | $91.0K |
| Other Income/Expenses | -$55.0K |
| INCOME BEFORE TAX | $590.0K |
| Income Tax Expense | $132.0K |
| Net Income from Continuing Ops | $458.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $458.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $458.0K |
| D&A | $1M |
| EBIT | $681.0K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $458.0K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $290.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$10M |
| 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 | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $9M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $27M |
| PP&E (Net) | $188.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $36M |
| Account Payables | $17M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $35M |
| Long-Term Debt | $566.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $37M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $282M |
| Retained Earnings | -$283M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1M |
| TOTAL LIABILITIES & EQUITY | $36M |
| Total Debt | $3M |
| Net Debt | $716.0K |
