| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $665.0K | $2M | $338.0K | -60.9% | 96.7% |
| Op. Income | -$30M | -$29M | -$25M | -3.0% | -20.4% |
| Gross Margin | -2452.9% | -97.2% | -3382.0% | -2355.7pp | 929.0pp |
| Net Margin | -4358.3% | -1610.7% | -6966.0% | -2747.6pp | 2607.6pp |
| EPS (Diluted) | $-0.25 | $-0.24 | $-0.25 | -4.2% | 0.0% |
| Free Cash Flow | -$17M | -$21M | -$15M | 18.3% | -13.7% |
| Item | Amount |
|---|---|
| REVENUE | $665.0K |
| Cost of Revenue | $17M |
| GROSS PROFIT | -$16M |
| R&D Expenses | $18M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$5M |
| Operating Expenses | $13M |
| Cost & Expenses | $30M |
| OPERATING INCOME | -$30M |
| Interest Income | $0 |
| Interest Expense | $109.0K |
| Other Income/Expenses | $812.0K |
| INCOME BEFORE TAX | -$29M |
| Income Tax Expense | $21.0K |
| Net Income from Continuing Ops | -$29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$29M |
| D&A | $3M |
| EBIT | -$28M |
| EBITDA | -$25M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$29M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$128.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$23.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$27M |
| Sales/Maturities of Investments | $45M |
| Other Investing Activities | $695.0K |
| NET CASH FROM INVESTING | $19M |
| Net Debt Issuance | -$964.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $986.0K |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $41M |
| Short-Term Investments | $71M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $134M |
| PP&E (Net) | $33M |
| Goodwill | $0 |
| Intangible Assets | $45M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $80M |
| TOTAL ASSETS | $214M |
| Account Payables | $4M |
| Short-Term Debt | $3M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $133.0K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $34M |
| Common Stock | $12.0K |
| Additional Paid-In Capital | $689M |
| Retained Earnings | -$510M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $179M |
| Minority Interest | $0 |
| TOTAL EQUITY | $179M |
| TOTAL LIABILITIES & EQUITY | $214M |
| Total Debt | $10M |
| Net Debt | -$31M |
