| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $13M | $18M | -11.6% | -34.6% |
| Op. Income | -$977.0K | -$6M | -$2M | 83.5% | 60.7% |
| Gross Margin | 24.5% | 19.8% | 21.4% | 4.7pp | 3.1pp |
| Net Margin | -6.4% | -46.0% | -18.7% | 39.6pp | 12.3pp |
| EPS (Diluted) | $-3.98 | $-1.35 | $-0.38 | -194.8% | -947.4% |
| Free Cash Flow | -$3M | -$1M | -$1M | -120.0% | -92.7% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $3M |
| R&D Expenses | $113.0K |
| Selling & Marketing | $905.0K |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | -$446.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$977.0K |
| Interest Income | $0 |
| Interest Expense | $51.0K |
| Other Income/Expenses | $257.0K |
| INCOME BEFORE TAX | -$720.0K |
| Income Tax Expense | $38.0K |
| Net Income from Continuing Ops | -$758.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$758.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$758.0K |
| D&A | $182.0K |
| EBIT | -$669.0K |
| EBITDA | -$487.0K |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$758.0K |
| Depreciation & Amortization | $182.0K |
| Stock-Based Compensation | $172.0K |
| Deferred Income Tax | $38.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$24.0K |
| Acquisitions (Net) | $461.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $437.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $5M |
| Other Current Assets | $700.0K |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $2M |
| Goodwill | $5M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $106.0K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $22M |
| Account Payables | $4M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $870.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $18M |
| Common Stock | $0 |
| Additional Paid-In Capital | $164M |
| Retained Earnings | -$159M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$196.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5M |
| Minority Interest | $0 |
| TOTAL EQUITY | $5M |
| TOTAL LIABILITIES & EQUITY | $22M |
| Total Debt | $7M |
| Net Debt | $4M |
