| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $499.1K | $1M | $2M | -59.4% | -67.3% |
| Op. Income | -$806.7K | $44.5K | -$22M | -1911.7% | 96.3% |
| Gross Margin | 419.6% | 315.4% | -1212.5% | 104.2pp | 1632.2pp |
| Net Margin | -161.6% | 3.6% | -1444.0% | -165.3pp | 1282.3pp |
| EPS (Diluted) | $-0.03 | $0.00 | $-0.87 | -1678.9% | 96.6% |
| Free Cash Flow | -$4M | -$12M | $23M | 70.1% | -116.4% |
| Item | Amount |
|---|---|
| REVENUE | $499.1K |
| Cost of Revenue | $1M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $2M |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$806.7K |
| Interest Income | $150.6K |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$806.7K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$806.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$806.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$806.7K |
| D&A | $0 |
| EBIT | -$806.7K |
| EBITDA | -$806.7K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$806.7K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$4M |
| 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 | $60.9K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$8.9K |
| Other Financing Activities | -$188.1K |
| NET CASH FROM FINANCING | -$136.0K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $474.8K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $17M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $215M |
| TOTAL NON-CURRENT ASSETS | $215M |
| TOTAL ASSETS | $232M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $73M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $73M |
| TOTAL LIABILITIES | $75M |
| Common Stock | $235.5K |
| Additional Paid-In Capital | $227M |
| Retained Earnings | -$8M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$62M |
| TOTAL STOCKHOLDERS' EQUITY | $157M |
| Minority Interest | $0 |
| TOTAL EQUITY | $157M |
| TOTAL LIABILITIES & EQUITY | $232M |
| Total Debt | $73M |
| Net Debt | $57M |
