| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $1M | $2M | 17.6% | -26.6% |
| Op. Income | -$14M | -$21M | -$21M | 35.0% | 32.8% |
| Gross Margin | -459.7% | 100.0% | -718.8% | -559.7pp | 259.1pp |
| Net Margin | -796.2% | -1472.5% | -900.3% | 676.3pp | 104.1pp |
| EPS (Diluted) | $-0.07 | $-0.10 | $-0.11 | 32.5% | 38.6% |
| Free Cash Flow | -$10M | -$21M | -$17M | 49.8% | 39.9% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $9M |
| GROSS PROFIT | -$7M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | -$11M |
| Operating Expenses | $7M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$14M |
| Interest Income | $1M |
| Interest Expense | $30.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $333.0K |
| EBIT | -$16M |
| EBITDA | -$15M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $333.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $481.0K |
| Change in Working Capital | -$229.0K |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$86.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$43M |
| Sales/Maturities of Investments | $57M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $86M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $127M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $34.0K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $132M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $8M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $19M |
| TOTAL LIABILITIES | $34M |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $82M |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$48M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $97M |
| Minority Interest | $0 |
| TOTAL EQUITY | $97M |
| TOTAL LIABILITIES & EQUITY | $132M |
| Total Debt | $1M |
| Net Debt | -$35M |
