| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | — | $3M | — | 127.9% |
| Op. Income | $358.0K | — | -$470.5K | — | 176.1% |
| Gross Margin | 33.9% | — | 19.2% | — | 14.7pp |
| Net Margin | 7.8% | — | -10.5% | — | 18.3pp |
| EPS (Diluted) | $0.00 | — | $-0.00 | — | 250.0% |
| Free Cash Flow | -$3M | — | $12.3K | — | -21147.6% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $80.6K |
| Operating Expenses | $2M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $358.0K |
| Interest Income | $192.2K |
| Interest Expense | $0 |
| Other Income/Expenses | $188.5K |
| INCOME BEFORE TAX | $546.5K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $546.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $546.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $544.6K |
| D&A | $282.0K |
| EBIT | $357.5K |
| EBITDA | $639.5K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $80.6K |
| Operating Expenses | $2M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $358.0K |
| Interest Income | $192.2K |
| Interest Expense | $0 |
| Other Income/Expenses | $188.5K |
| INCOME BEFORE TAX | $546.5K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $546.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $546.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $544.6K |
| D&A | $282.0K |
| EBIT | $357.5K |
| EBITDA | $639.5K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $546.5K |
| Depreciation & Amortization | $282.0K |
| Stock-Based Compensation | $245.4K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $165.9K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$862.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $500 |
| NET CASH FROM INVESTING | -$862.0K |
| Net Debt Issuance | -$32.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $806.4K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $574.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $4M |
| Other Current Assets | $127.6K |
| TOTAL CURRENT ASSETS | $25M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $99.3K |
| Tax Assets | $0 |
| Other Non-Current Assets | $676.5K |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $39M |
| Account Payables | $3M |
| Short-Term Debt | $133.4K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $161.6K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $1M |
| Additional Paid-In Capital | $72M |
| Retained Earnings | -$41M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $33M |
| Minority Interest | $0 |
| TOTAL EQUITY | $33M |
| TOTAL LIABILITIES & EQUITY | $39M |
| Total Debt | $1M |
| Net Debt | -$18M |
