Revenue: As of FY2025 Q1, the actual value is USD 1.21 M, meeting the estimate of USD 1.21 M.EPS: As of FY2025 Q1, the actual value is USD -0.55.<h3>Segment Revenue</h3><ul><li>Net Sales: For the three months ended March 31, 2025, net sales were $1,210,000, a significant increase from $350,000 for the same period in 2024, representing a 246% increase.</li><li>Online Sales: Revenue from online sales was $1,022,000 in 2025, compared to $320,000 in 2024.</li><li>Distributors and Wholesalers: Revenue from distributors and wholesalers was $188,000 in 2025, compared to $30,000 in 2024.</li></ul><h3>Operational Metrics</h3><ul><li>Gross Profit: Gross profit for the three months ended March 31, 2025 was $852,000, compared to $206,000 in 2024, marking a 314% increase.</li><li>Operating Expenses: Total operating expenses increased to $2,823,000 in 2025 from $1,461,000 in 2024, a 93% increase.</li><li>Loss from Operations: Loss from operations was - $1,971,000 in 2025, compared to - $1,255,000 in 2024, a 57% increase.</li><li>Net Loss: Net loss decreased to - $525,000 in 2025 from - $1,193,000 in 2024, a 56% decrease.</li></ul><h3>Cash Flow</h3><ul><li>Operating Cash Flow: Net cash used in operating activities was - $1,564,000 for the three months ended March 31, 2025, compared to - $1,151,000 in 2024.</li><li>Investing Cash Flow: Net cash used in investing activities was - $131,000 in 2025, compared to - $104,000 in 2024.</li><li>Financing Cash Flow: Net cash used in financing activities was - $84,000 in 2025.</li></ul><h3>Unique Metrics</h3><ul><li>Change in Fair Value of Warrant Liability: The change in fair value of warrant liability resulted in a gain of $1,401,000 in 2025.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The company plans to expand its product offerings, including golf apparel and other golf-related products, and may pursue mergers, acquisitions, or internal developments to enhance its premium brand.</li><li>Non-Core Business: The company is addressing Nasdaq compliance issues related to stockholders’ equity and bid price requirements, with recent exercises of Series B Warrants improving stockholders’ equity.</li></ul>

Newton Golf Company | 10-Q: FY2025 Q1 Revenue Meets Estimate at USD 1.21 M