| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | — | — | — | — |
| Op. Income | -$31M | — | — | — | — |
| Gross Margin | 6.4% | — | — | — | — |
| Net Margin | -298.5% | — | — | — | — |
| EPS (Diluted) | $-0.62 | — | — | — | — |
| Free Cash Flow | -$2M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $692.6K |
| R&D Expenses | $0 |
| Selling & Marketing | $65.2K |
| General & Administrative | $31M |
| SG&A Expenses | $31M |
| Other Expenses | $802.9K |
| Operating Expenses | $32M |
| Cost & Expenses | $42M |
| OPERATING INCOME | -$31M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$32M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$32M |
| D&A | $802.9K |
| EBIT | -$31M |
| EBITDA | -$31M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$32M |
| Depreciation & Amortization | $802.9K |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $98.3K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$273.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$273.1K |
| Net Debt Issuance | $235.9K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $10M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $17M |
| PP&E (Net) | $2M |
| Goodwill | $16M |
| Intangible Assets | $22M |
| Long-Term Investments | $17.7K |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $42M |
| TOTAL ASSETS | $58M |
| Account Payables | $8M |
| Short-Term Debt | $18M |
| Deferred Revenue | $245.8K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $46M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $54M |
| Common Stock | $6.1K |
| Additional Paid-In Capital | $47M |
| Retained Earnings | -$42M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $58M |
| Total Debt | $26M |
| Net Debt | $23M |
