Filing Flows › Firefly Neuroscience (AIFF) › Q1 2025
Firefly Neuroscience (AIFF) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 14, 2025
Firefly Neuroscience (AIFF) reported revenue of $43K for the first quarter 2025 (Q1 2025), +258% from a year earlier and -19% from the quarter before.
Firefly Neuroscience, Q1 2025: revenue $43K (+258% year over year), net loss $12.9M, operating cash flow −$2.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $43K | -19% | +258% |
| Operating profit | −$2.1M | — | — |
| Net earnings | −$12.9M | — | — |
| Operating cash flow | −$2.5M | — | — |
What changed
Revenue was $43K in Q1 2025, up 258% year over year and down 19% from the previous quarter. Rentals was the largest line at 79% of revenue. Rentals added $22K year over year (up 183%), 71% of the total change.
Gross margin was 100.0%. Operating costs exceeded revenue by $2.1M, an operating margin of -4802.3%. The quarter ended with a net loss of $12.9M, wider than the previous quarter's $3.8M loss. Net interest and other expense of $10.9M was the main reason.
Operating cash flow was −$2.5M. Non-cash charges added back $19K of depreciation and amortization and $247K of share-based compensation. Working capital and other items added $10.2M. Capital expenditures of $7K exceeded it, leaving free cash flow of −$2.5M.
Questions
What was Firefly Neuroscience's revenue in the first quarter 2025?
Firefly Neuroscience (AIFF) reported revenue of $43K for the first quarter 2025 (Q1 2025), +258% from a year earlier and -19% from the quarter before.