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CareView Communications (CRVW) Q1 2025 earnings results (first quarter 2025)

10-Q filed May 15, 2025

CareView Communications (CRVW) reported revenue of $2.2M for the first quarter 2025 (Q1 2025), +2% from a year earlier and +5% from the quarter before. Operating margin was -6.0%, net loss $921K (41.1% of revenue).

Revenue$2.2M
Year over year+2%
Quarter over quarter+5%
Operating margin-6.0%
Net earnings−$921K

CareView Communications, Q1 2025: revenue $2.2M (+2% year over year), operating margin -6.0%, net loss $921K, operating cash flow $287K. The chart follows the revenue to costs, profit and cash.

Q1 2025AmountQ/QY/Y
Revenue$2.2M+5%+2%
Operating profit−$135K——
Net earnings−$921K——
Operating cash flow$287K—+121%
Free cash flow$286K—+137%

What changed

Revenue was $2.2M in Q1 2025, up 2% year over year and up 5% from the previous quarter. Sales Based Software Bundle was the largest line at 50% of revenue. Sales Based Software Bundle added $514K year over year (up 84%), 1422% of the total change. Sales Based Equipment Package declined 79%.

Operating costs exceeded revenue by $135K, an operating margin of -6.0%. Total costs fell 3% while revenue rose 2%. The fastest-growing cost line was General & admin (+11%). The quarter ended with a net loss of $921K, narrower than the previous quarter's $1.1M loss. Net interest and other expense of $786K was the main reason.

Operating cash flow was $287K (up 121% year over year). Non-cash charges added back $53K of depreciation and amortization and $155K of share-based compensation. Working capital and other items added $1.0M. Capital expenditures of $1K left free cash flow of $286K.

Questions

What was CareView Communications' revenue in the first quarter 2025?

CareView Communications (CRVW) reported revenue of $2.2M for the first quarter 2025 (Q1 2025), +2% from a year earlier and +5% from the quarter before.

Was CareView Communications profitable in the first quarter 2025?

Operating loss was $135K (-6.0% of revenue) and net loss $921K.

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Source: CareView Communications 10-Q on SEC EDGAR.