| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $84.0K | $197.3K | $177.0K | -57.4% | -52.5% |
| Op. Income | -$12M | -$11M | -$7M | -6.8% | -73.3% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -12777.4% | -4825.8% | -3900.0% | -7951.5pp | -8877.4pp |
| EPS (Diluted) | $-0.35 | $-0.35 | $-0.94 | 0.0% | 62.8% |
| Free Cash Flow | -$11M | -$7M | -$8M | -51.0% | -38.3% |
| Item | Amount |
|---|---|
| REVENUE | $84.0K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $84.0K |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$12M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $151.0K |
| EBIT | -$12M |
| EBITDA | -$12M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $151.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$19.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$42.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $88.0K |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $103M |
| Short-Term Investments | $5M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $111M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $518.0K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $114M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $9M |
| Common Stock | $27.0K |
| Additional Paid-In Capital | $476M |
| Retained Earnings | -$367M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | $2.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $105M |
| Minority Interest | $0 |
| TOTAL EQUITY | $105M |
| TOTAL LIABILITIES & EQUITY | $114M |
| Total Debt | $2M |
| Net Debt | -$101M |
