| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $323.9K | -30.2% | 218.7% |
| Op. Income | -$2M | -$2M | -$7M | 17.5% | 71.4% |
| Gross Margin | 17.1% | 8.7% | -6.8% | 8.4pp | 23.8pp |
| Net Margin | -223.5% | -177.4% | -2223.3% | -46.1pp | 1999.8pp |
| EPS (Diluted) | $-0.07 | $-0.08 | $-0.25 | 9.2% | 70.1% |
| Free Cash Flow | -$2M | -$2M | -$3M | 2.0% | 49.8% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $856.1K |
| GROSS PROFIT | $176.1K |
| R&D Expenses | $208.7K |
| Selling & Marketing | $1M |
| General & Administrative | $959.4K |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $185 |
| Interest Expense | $119.3K |
| Other Income/Expenses | -$242.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $23.4K |
| 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 | $158.8K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $158.8K |
| Stock-Based Compensation | $10.9K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $161.9K |
| Change in Working Capital | $463.1K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$3.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2.2K |
| NET CASH FROM INVESTING | -$3.5K |
| Net Debt Issuance | $106.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $21.4K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $105.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $583.8K |
| Short-Term Investments | $0 |
| Net Receivables | $212.1K |
| Inventory | $1M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $40.6K |
| Tax Assets | $0 |
| Other Non-Current Assets | $85.4K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $5M |
| Account Payables | $1M |
| Short-Term Debt | $2M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $24.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $620.4K |
| TOTAL LIABILITIES | $6M |
| Common Stock | $8.3K |
| Additional Paid-In Capital | $64M |
| Retained Earnings | -$65M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1M |
| TOTAL LIABILITIES & EQUITY | $5M |
| Total Debt | $3M |
| Net Debt | $3M |
