| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $3M | $2M | 15.7% | 56.8% |
| Op. Income | $845.0K | $756.0K | $78.0K | 11.8% | 983.3% |
| Gross Margin | 72.4% | 71.7% | 73.2% | 0.7pp | -0.8pp |
| Net Margin | 148.3% | 23.8% | 3.7% | 124.5pp | 144.6pp |
| EPS (Diluted) | $2.08 | $0.29 | $0.03 | 617.2% | 6165.1% |
| Free Cash Flow | $158.0K | $690.0K | -$300.0K | -77.1% | 152.7% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $973.0K |
| GROSS PROFIT | $3M |
| R&D Expenses | $314.0K |
| Selling & Marketing | $18.0K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $845.0K |
| Interest Income | $20.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $20.0K |
| INCOME BEFORE TAX | $865.0K |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $30.0K |
| EBIT | $865.0K |
| EBITDA | $895.0K |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $973.0K |
| GROSS PROFIT | $3M |
| R&D Expenses | $314.0K |
| Selling & Marketing | $18.0K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $845.0K |
| Interest Income | $20.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $20.0K |
| INCOME BEFORE TAX | $865.0K |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $30.0K |
| EBIT | $865.0K |
| EBITDA | $895.0K |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $30.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $39.0K |
| Change in Working Capital | -$701.0K |
| OPERATING CASH FLOW | $166.0K |
| Capital Expenditure | -$8.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $15.0K |
| FREE CASH FLOW | $158.0K |
| Net Change in Cash | $173.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $436.0K |
| Other Current Assets | $694.0K |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $568.0K |
| Goodwill | $0 |
| Intangible Assets | $21.0K |
| Long-Term Investments | $91.0K |
| Tax Assets | $4M |
| Other Non-Current Assets | $82.0K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $11M |
| Account Payables | $297.0K |
| Short-Term Debt | $98.0K |
| Deferred Revenue | $4M |
| Other Current Liabilities | -$39.0K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $712.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $24.0K |
| TOTAL NON-CURRENT LIABILITIES | $736.0K |
| TOTAL LIABILITIES | $5M |
| Common Stock | $25.0K |
| Additional Paid-In Capital | $103M |
| Retained Earnings | -$95M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $36.0K |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $11M |
| Total Debt | $98.0K |
| Net Debt | -$2M |
