| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $14M | $6M | -24.3% | 80.7% |
| Op. Income | $271.1K | $3M | -$573.8K | -89.4% | 147.2% |
| Gross Margin | 29.1% | 475.7% | 35.7% | -446.6pp | -6.6pp |
| Net Margin | -0.4% | 21.9% | -10.1% | -22.4pp | 9.7pp |
| EPS (Diluted) | $-0.00 | $0.10 | $-0.02 | -101.6% | 92.1% |
| Free Cash Flow | $5M | -$12M | $6M | 142.7% | -9.8% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $3M |
| R&D Expenses | $421.0K |
| Selling & Marketing | $1M |
| General & Administrative | $924.7K |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $271.1K |
| Interest Income | $0 |
| Interest Expense | $114.4K |
| Other Income/Expenses | -$239.2K |
| INCOME BEFORE TAX | $31.8K |
| Income Tax Expense | $77.8K |
| Net Income from Continuing Ops | -$45.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$45.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$45.9K |
| D&A | $3.2K |
| EBIT | $271.1K |
| EBITDA | $274.3K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$45.9K |
| Depreciation & Amortization | $50.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$311.7K |
| NET CASH FROM INVESTING | -$311.7K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $42M |
| PP&E (Net) | $865.5K |
| Goodwill | $0 |
| Intangible Assets | $272.9K |
| Long-Term Investments | $623.4K |
| Tax Assets | $0 |
| Other Non-Current Assets | $724.5K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $45M |
| Account Payables | $8M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $535.9K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $35M |
| Common Stock | $3.2K |
| Additional Paid-In Capital | $29M |
| Retained Earnings | -$19M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$84.5K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $0 |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $45M |
| Total Debt | $7M |
| Net Debt | $3M |
