| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $70.0K | $180.0K | $334.0K | -61.1% | -79.0% |
| Op. Income | -$2M | -$2M | -$1M | 2.4% | -1.7% |
| Gross Margin | 71.4% | -132.8% | 50.0% | 204.2pp | 21.4pp |
| Net Margin | -2145.7% | -820.6% | -443.4% | -1325.2pp | -1702.3pp |
| EPS (Diluted) | $-2.52 | $-3.20 | $-17.15 | 21.3% | 85.3% |
| Free Cash Flow | -$889.0K | -$1M | -$2M | 34.9% | 46.6% |
| Item | Amount |
|---|---|
| REVENUE | $70.0K |
| Cost of Revenue | $20.0K |
| GROSS PROFIT | $50.0K |
| R&D Expenses | $335.0K |
| Selling & Marketing | $179.0K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $4.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $4.0K |
| 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 | $1.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $1.0K |
| Stock-Based Compensation | $100.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $512.0K |
| OPERATING CASH FLOW | -$889.0K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$526.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $82.0K |
| FREE CASH FLOW | -$889.0K |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $669.0K |
| Short-Term Investments | $0 |
| Net Receivables | $13.0K |
| Inventory | $306.0K |
| Other Current Assets | $273.0K |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $118.0K |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $172.0K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $4M |
| Account Payables | $438.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $741.0K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $741.0K |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $48M |
| Retained Earnings | -$45M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $0 |
| Net Debt | -$669.0K |
