Revenue: Data not disclosed in QQ1 2025 results (revenue field is null). Without revenue visibility, gross margin cannot be meaningfully calculated.
Gross profit: -$32,802; gross margin not calculable due to missing revenue data. YoY change reported as +13.2% yet the absolute value remains negative, indicating the base period may be of very different scale or an accounting artifact.
Operating income: -$257,604. YoY change: +20.37%; QoQ change: +36.98% (absolute deterioration in profitability is evident from a negative margin).
Net income: -$259,359. YoY change: +19.69%; QoQ change: +36.55% (net loss narrowed or worsened depending on prior period context; absolute loss remains material for a microcap).
EPS (diluted): -$0.0215. YoY: - to be interpreted with limited comparables; QoQ: -0.0215 per share. Weighted shares outstanding: 12,090,050.
Cash flow: Operating cash flow -$134,710; Free cash flow -$134,710. Net change in cash: -$59,710 for the quarter. Cash at end of period: $15,353; Cash at beginning: $75,063. Net cash from financing activities: +$75,000.
Balance sheet health: Total assets $882.9 million; Total liabilities $822.5 million; Total stockholders’ equity $60.4 million. Cash & equivalents $15.4 thousand. Net debt $51.7 thousand (debt $67.1 thousand against cash $15.4 thousand). Current ratio 0.0277; Quick ratio 0.0277; Cash ratio 0.0192. Intangible assets $551.7 thousand alongside property, plant and equipment of $304.7 thousand, implying a heavy asset base tied to non-cash items.
Liquidity and leverage: The company exhibits extreme liquidity stress with a current ratio well below 1 and a negative working capital profile, indicating near-term funding risk absent additional financing or operating improvements. Debt-to-capitalization around 0.526 and debt/equity near 1.11 imply modest leverage but weak liquidity cushions. The equity base is small relative to asset intensity, with retained earnings deeply negative ( -$4.13 million ), suggesting prior cumulative losses that have not been fully offset by equity contributions.