| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $704.9K | $912.3K | $3M | -22.7% | -77.4% |
| Op. Income | -$3M | -$1M | -$2M | -190.4% | -75.5% |
| Gross Margin | 38.6% | 61.5% | 28.6% | -22.9pp | 10.0pp |
| Net Margin | -598.8% | -1400.7% | -27.1% | 801.9pp | -571.6pp |
| EPS (Diluted) | $-95.50 | $-350.50 | $-19.50 | 72.8% | -389.7% |
| Free Cash Flow | -$72.7K | -$253.0K | $267.2K | 71.3% | -127.2% |
| Item | Amount |
|---|---|
| REVENUE | $704.9K |
| Cost of Revenue | $432.8K |
| GROSS PROFIT | $272.1K |
| R&D Expenses | $0 |
| Selling & Marketing | $146.1K |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $965.7K |
| Other Income/Expenses | -$965.5K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $154 |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$96 |
| EPS Diluted | -$96 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$72.6K |
| Capital Expenditure | -$4 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$3.2K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$72.7K |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $17M |
| Net Receivables | $258.3K |
| Inventory | $2M |
| Other Current Assets | $169.7K |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $1.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $23M |
| Account Payables | $5M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $322.2K |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $14M |
| Common Stock | $2.7K |
| Additional Paid-In Capital | $181M |
| Retained Earnings | -$172M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $122.8K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $0 |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $23M |
| Total Debt | $3M |
| Net Debt | $1M |
