| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $622.0K | $563.0K | $626.0K | 10.5% | -0.6% |
| Op. Income | -$691.0K | -$928.0K | -$1M | 25.5% | 41.6% |
| Gross Margin | 40.0% | 24.0% | -0.5% | 16.1pp | 40.5pp |
| Net Margin | -108.0% | -157.0% | -181.5% | 49.0pp | 73.4pp |
| EPS (Diluted) | $-0.59 | $-0.78 | $-2.76 | 24.4% | 78.6% |
| Free Cash Flow | -$680.0K | -$885.0K | — | 23.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $622.0K |
| Cost of Revenue | $373.0K |
| GROSS PROFIT | $249.0K |
| R&D Expenses | $3.0K |
| Selling & Marketing | $8.0K |
| General & Administrative | $929.0K |
| SG&A Expenses | $937.0K |
| Other Expenses | $0 |
| Operating Expenses | $940.0K |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$691.0K |
| Interest Income | $26.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $26.0K |
| INCOME BEFORE TAX | -$665.0K |
| Income Tax Expense | $7.0K |
| Net Income from Continuing Ops | -$672.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$672.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$684.0K |
| D&A | $0 |
| EBIT | -$691.0K |
| EBITDA | -$691.0K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$672.0K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$18.0K |
| Change in Working Capital | $10.0K |
| OPERATING CASH FLOW | -$680.0K |
| 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 | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $31.0K |
| FREE CASH FLOW | -$680.0K |
| Net Change in Cash | -$649.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $500.0K |
| Net Receivables | $113.0K |
| Inventory | $0 |
| Other Current Assets | $321.0K |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.0K |
| TOTAL NON-CURRENT ASSETS | $5.0K |
| TOTAL ASSETS | $5M |
| Account Payables | $70.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $118.0K |
| Other Current Liabilities | $775.0K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1M |
| Common Stock | $0 |
| Additional Paid-In Capital | $236M |
| Retained Earnings | -$233M |
| Treasury Stock | -$181.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $5M |
| Total Debt | $0 |
| Net Debt | -$4M |
