| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $11M | $9M | -33.1% | -14.3% |
| Op. Income | -$870.0K | $774.0K | -$602.6K | -212.4% | -44.4% |
| Gross Margin | 63.1% | 58.9% | 59.9% | 4.2pp | 3.2pp |
| Net Margin | -9.7% | 4.4% | -5.9% | -14.0pp | -3.7pp |
| EPS (Diluted) | $-0.26 | $-0.01 | $-0.22 | -1680.8% | -18.2% |
| Free Cash Flow | -$1M | -$1M | -$3M | -0.7% | 56.5% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $5M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $2M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$870.0K |
| Interest Income | $0 |
| Interest Expense | $298.2K |
| Other Income/Expenses | -$155.7K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$296.7K |
| Net Income from Continuing Ops | -$729.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$729.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $820.9K |
| EBIT | -$727.5K |
| EBITDA | $93.4K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$729.0K |
| Depreciation & Amortization | $820.9K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $179.3K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$115.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$115.3K |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $12.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $332.9K |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $34M |
| Other Current Assets | $453.5K |
| TOTAL CURRENT ASSETS | $37M |
| PP&E (Net) | $71M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $13.8K |
| TOTAL NON-CURRENT ASSETS | $71M |
| TOTAL ASSETS | $108M |
| Account Payables | $2M |
| Short-Term Debt | $4M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $29M |
| TOTAL LIABILITIES | $40M |
| Common Stock | $9M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $16M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $69M |
| Minority Interest | $0 |
| TOTAL EQUITY | $69M |
| TOTAL LIABILITIES & EQUITY | $108M |
| Total Debt | $31M |
| Net Debt | $31M |
