---
title: "CEA INDUSTRIES INC C/WTS 11/02/2027 (TO PUR COM) | 10-Q: FY2025 Q1 Revenue: USD 713.46 K"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/240443446.md"
datetime: "2025-05-15T20:02:36.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/240443446.md)
  - [en](https://longbridge.com/en/news/240443446.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/240443446.md)
generator: "portal-rs"
---

# CEA INDUSTRIES INC C/WTS 11/02/2027 (TO PUR COM) | 10-Q: FY2025 Q1 Revenue: USD 713.46 K

Revenue: As of FY2025 Q1, the actual value is USD 713.46 K.

EPS: As of FY2025 Q1, the actual value is USD -1.33.

### Segment Revenue

-   **Equipment and Systems Sales**: Revenue for the three months ended March 31, 2025 was $608,000, compared to $113,172 for the same period in 2024.
-   **Engineering and Other Services**: Revenue for the three months ended March 31, 2025 was $78,392, compared to $88,165 for the same period in 2024.
-   **Shipping and Handling**: Revenue for the three months ended March 31, 2025 was $1,967, compared to $1,904 for the same period in 2024.
-   **Forfeited Non-Refundable Customer Deposits**: Revenue for the three months ended March 31, 2025 was $25,101, compared to $31,265 for the same period in 2024.

### Operational Metrics

-   **Net Loss**: The net loss for the three months ended March 31, 2025 was $1,068,578, compared to $916,603 for the same period in 2024.
-   **Gross Profit**: Gross profit for the three months ended March 31, 2025 was $39,287, compared to a gross loss of $154,375 for the same period in 2024.
-   **Operating Loss**: Operating loss for the three months ended March 31, 2025 was $1,073,837, compared to $923,809 for the same period in 2024.

### Cash Flow

-   **Net Cash Used in Operating Activities**: For the three months ended March 31, 2025, net cash used in operating activities was - $745,473, compared to - $909,415 for the same period in 2024.

### Unique Metrics

-   **Backlog**: As of March 31, 2025, the backlog was $844,000, an increase of $354,000 from the backlog of $490,000 at December 31, 2024.

### Future Outlook and Strategy

-   **Core Business Focus**: The company plans to continue focusing on selling environmental control and other technologies to the Controlled Environment Agriculture industry, aiming to optimize horticultural resources and improve crop quality and yield.
-   **Non-Core Business**: The acquisition of Fat Panda Ltd. is expected to be completed in the first half of 2025, subject to customary closing conditions. Fat Panda is a major retailer and manufacturer of e-cigarettes, vape devices, and e-liquids in central Canada.

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- [CEADW.US](https://longbridge.com/en/quote/CEADW.US.md)
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- [BNCWW.US](https://longbridge.com/en/quote/BNCWW.US.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**