Overview of critical quarterly metrics (Q1 2025, USD thousands unless stated):
- Revenue: 6,048; Gross Profit: 6,048; Gross Margin: 100% (grossProfit / revenue)
- Operating Expenses: 663,557; EBITDA: -328,809; Operating Income: -664,311; EBITDARatio: -54.37%
- Net Income: -469,252; Net Income Margin: -77.59%; EPS: -0.0065; Weighted Avg Shares: 72,370,641
- Cash Flow: Net cash provided by operating activities: -252,908; Capital expenditures: -1,757,052; Free Cash Flow: -2,009,960
- Balance Sheet (selected): Total Assets: 4,673,565; Total Liabilities: 15,903,944; Total Stockholders’ Equity: -11,230,379; Current Ratio: 0.137; Cash and Cash Equivalents: 105,577; Short-Term Investments: 1,829,733; Net Debt: 2,925,635
- Liquidity/Leverage: Low liquidity metrics with a heavy reliance on external financing; Current liabilities far exceed current assets; Debt outstanding approx. 3.03 million with negative equity, indicating solvency risk.
- Revenue Trend Indicators: QoQ revenue change -74.57% (Q4 2024 to Q1 2025). YoY metrics in the dataset show mixed signals due to baseline differences, with reported YoY values indicating margin/earnings dynamics rather than top-line resilience. EPS YoY: 61.54% (the absolute level remains negative given base losses).
- Cash Flow/Investment: Financing activities provided a net inflow of 1,955,081 USD, supporting liquidity despite a continued cash burn from operations and capex of ~1.76 million USD. Operating cash flow of -252,908 USD underscores the business’s cash burn in the period.