| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | — | $33M | — | 14.3% |
| Op. Income | $2M | — | -$8M | — | 123.7% |
| Gross Margin | 71.7% | — | 58.0% | — | 13.7pp |
| Net Margin | 2.7% | — | -24.1% | — | 26.7pp |
| EPS (Diluted) | $0.11 | — | $-0.98 | — | 111.2% |
| Free Cash Flow | $0 | — | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $27M |
| R&D Expenses | $8M |
| Selling & Marketing | $1M |
| General & Administrative | $16M |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $25M |
| Cost & Expenses | $35M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$972.2K |
| INCOME BEFORE TAX | $991.1K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $991.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $994.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $994.5K |
| D&A | $245.2K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $27M |
| R&D Expenses | $8M |
| Selling & Marketing | $1M |
| General & Administrative | $16M |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $25M |
| Cost & Expenses | $35M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$972.2K |
| INCOME BEFORE TAX | $991.1K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $991.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $994.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $994.5K |
| D&A | $245.2K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $994.5K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$994.5K |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $846.6K |
| Short-Term Investments | $0 |
| Net Receivables | $67M |
| Inventory | $14.4K |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $76M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $143.4K |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $86M |
| Account Payables | $27M |
| Short-Term Debt | $43M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $87M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $15M |
| TOTAL LIABILITIES | $101M |
| Common Stock | $1.6K |
| Additional Paid-In Capital | $116M |
| Retained Earnings | -$125M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$12M |
| Minority Interest | -$4M |
| TOTAL EQUITY | -$16M |
| TOTAL LIABILITIES & EQUITY | $86M |
| Total Debt | $46M |
| Net Debt | $45M |
