| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40M | $24M | $11M | 67.7% | 260.1% |
| Op. Income | $16M | -$30M | -$2M | 153.0% | 776.9% |
| Gross Margin | 69.9% | 68.7% | 28.6% | 1.2pp | 41.3pp |
| Net Margin | -1.9% | -128.1% | -34.1% | 126.2pp | 32.2pp |
| EPS (Diluted) | $-0.03 | $-1.21 | $-0.14 | 97.6% | 79.4% |
| Free Cash Flow | $24M | — | $2M | — | 1198.4% |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $28M |
| R&D Expenses | $4M |
| Selling & Marketing | $2M |
| General & Administrative | $6M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $24M |
| OPERATING INCOME | $16M |
| Interest Income | $0 |
| Interest Expense | $686.9K |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | -$754.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$754.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$754.2K |
| D&A | $3M |
| EBIT | $5M |
| EBITDA | $9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$754.2K |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $122.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $24M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$238.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$238.0K |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $9M |
| Other Current Assets | $354.5K |
| TOTAL CURRENT ASSETS | $42M |
| PP&E (Net) | $7M |
| Goodwill | $558M |
| Intangible Assets | $94M |
| Long-Term Investments | $0 |
| Tax Assets | $12M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $671M |
| TOTAL ASSETS | $713M |
| Account Payables | $16M |
| Short-Term Debt | $48M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $97M |
| Long-Term Debt | $688.3K |
| Deferred Revenue NC | $10.2K |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $67M |
| TOTAL LIABILITIES | $164M |
| Common Stock | $28 |
| Additional Paid-In Capital | $765M |
| Retained Earnings | -$206M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $549M |
| Minority Interest | $0 |
| TOTAL EQUITY | $549M |
| TOTAL LIABILITIES & EQUITY | $713M |
| Total Debt | $49M |
| Net Debt | $28M |
