| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $343.0K | $428.0K | $64.0K | -19.9% | 435.9% |
| Op. Income | -$4M | -$4M | -$7M | -2.8% | 45.8% |
| Gross Margin | 27.1% | 48.8% | -70.3% | -21.7pp | 97.4pp |
| Net Margin | -981.3% | -964.7% | -10310.9% | -16.6pp | 9329.6pp |
| EPS (Diluted) | $-3.60 | $-9.00 | $-33.30 | 60.0% | 89.2% |
| Free Cash Flow | -$5M | -$3M | -$5M | -74.8% | 7.6% |
| Item | Amount |
|---|---|
| REVENUE | $343.0K |
| Cost of Revenue | $250.0K |
| GROSS PROFIT | $93.0K |
| R&D Expenses | $1M |
| Selling & Marketing | $589.0K |
| General & Administrative | $895.0K |
| SG&A Expenses | $1M |
| Other Expenses | $1M |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $22.0K |
| Other Income/Expenses | $245.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $45.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $45.0K |
| Stock-Based Compensation | $111.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$236.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$21.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$21.0K |
| Net Debt Issuance | -$328.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$54.0K |
| NET CASH FROM FINANCING | $13M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $413.0K |
| Inventory | $644.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $12M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $13M |
| Account Payables | $1M |
| Short-Term Debt | $523.0K |
| Deferred Revenue | $11.0K |
| Other Current Liabilities | $494.0K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $960.0K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $413M |
| Retained Earnings | -$404M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $0 |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $13M |
| Total Debt | $2M |
| Net Debt | -$8M |
