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.<h3>Segment Revenue</h3><ul><li>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.</li><li>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.</li><li>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.</li><li>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.</li></ul><h3>Operational Metrics</h3><ul><li>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.</li><li>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.</li><li>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.</li></ul><h3>Cash Flow</h3><ul><li>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.</li></ul><h3>Unique Metrics</h3><ul><li>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.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>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.</li><li>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.</li></ul>

CEADW

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