| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $21M | $10M | -48.6% | 1.8% |
| Op. Income | -$64M | -$86M | -$55M | 25.7% | -15.9% |
| Gross Margin | 35.0% | 36.5% | 41.3% | -1.5pp | -6.3pp |
| Net Margin | -531.6% | -420.7% | -657.6% | -110.9pp | 126.1pp |
| EPS (Diluted) | $-0.20 | $-0.32 | $-0.25 | 36.1% | 20.7% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $4M |
| R&D Expenses | $48M |
| Selling & Marketing | $2M |
| General & Administrative | $18M |
| SG&A Expenses | $20M |
| Other Expenses | -$286.5K |
| Operating Expenses | $67M |
| Cost & Expenses | $74M |
| OPERATING INCOME | -$64M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | -$56M |
| Income Tax Expense | $64.4K |
| Net Income from Continuing Ops | -$56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$56M |
| D&A | $0 |
| EBIT | -$64M |
| EBITDA | -$64M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $610M |
| Short-Term Investments | $285M |
| Net Receivables | $70M |
| Inventory | $37M |
| Other Current Assets | $730.1K |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $41M |
| Goodwill | $7M |
| Intangible Assets | $3M |
| Long-Term Investments | $7M |
| Tax Assets | $109.3K |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $65M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $4M |
| Short-Term Debt | $9M |
| Deferred Revenue | $848.9K |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $74M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $619.1K |
| Other Non-Current Liabilities | $288.9K |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $84M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $984M |
| TOTAL STOCKHOLDERS' EQUITY | $984M |
| Minority Interest | $0 |
| TOTAL EQUITY | $984M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $24M |
| Net Debt | -$586M |
