| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $10M | $31M | 10.2% | -66.3% |
| Op. Income | -$8M | -$18M | $2M | 58.8% | -532.7% |
| Gross Margin | -27.8% | -117.0% | 26.0% | 89.2pp | -53.9pp |
| Net Margin | -72.2% | -206.5% | 3.9% | 134.3pp | -76.1pp |
| EPS (Diluted) | $-0.38 | $-0.99 | $0.07 | 61.6% | -679.3% |
| Free Cash Flow | -$7M | -$8M | $4M | 11.6% | -272.8% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $14M |
| GROSS PROFIT | -$3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $18M |
| OPERATING INCOME | -$8M |
| Interest Income | $56.9K |
| Interest Expense | $119.4K |
| Other Income/Expenses | -$55.4K |
| 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 | $310.9K |
| EBIT | -$8M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $310.9K |
| Stock-Based Compensation | $155.1K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $205.8K |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$18.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$18.6K |
| Net Debt Issuance | -$410.5K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$410.5K |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $2M |
| Other Current Assets | $184.6K |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $1M |
| Goodwill | $3M |
| Intangible Assets | $1M |
| Long-Term Investments | $176.9K |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $16M |
| Account Payables | $4M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $20.4K |
| Additional Paid-In Capital | $77M |
| Retained Earnings | -$69M |
| Treasury Stock | -$632.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8M |
| Minority Interest | -$54.5K |
| TOTAL EQUITY | $8M |
| TOTAL LIABILITIES & EQUITY | $16M |
| Total Debt | $4M |
| Net Debt | -$1M |
