| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $90M | $86M | $71M | 4.4% | 25.6% |
| Op. Income | -$9M | -$10M | -$13M | 17.3% | 34.1% |
| Gross Margin | 59.3% | 58.9% | 56.0% | 0.4pp | 3.4pp |
| Net Margin | -8.5% | -11.0% | -17.8% | 2.5pp | 9.3pp |
| EPS (Diluted) | $-0.08 | $-0.10 | $-0.13 | 20.4% | 41.8% |
| Free Cash Flow | $4M | $9M | -$7M | -50.5% | 161.6% |
| Item | Amount |
|---|---|
| REVENUE | $90M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $53M |
| R&D Expenses | $25M |
| Selling & Marketing | $15M |
| General & Administrative | $22M |
| SG&A Expenses | $36M |
| Other Expenses | $359.0K |
| Operating Expenses | $62M |
| Cost & Expenses | $98M |
| OPERATING INCOME | -$9M |
| Interest Income | $1M |
| Interest Expense | $134.0K |
| Other Income/Expenses | $936.0K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | -$47.0K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $3M |
| EBIT | -$8M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $48.0K |
| Other Non-Cash Items | -$98.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $94M |
| Short-Term Investments | $21M |
| Net Receivables | $39M |
| Inventory | $0 |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $181M |
| PP&E (Net) | $37M |
| Goodwill | $148M |
| Intangible Assets | $29M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $42M |
| TOTAL NON-CURRENT ASSETS | $256M |
| TOTAL ASSETS | $437M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $14M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $46M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $16M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $220.0K |
| TOTAL NON-CURRENT LIABILITIES | $35M |
| TOTAL LIABILITIES | $80M |
| Common Stock | $102.0K |
| Additional Paid-In Capital | $833M |
| Retained Earnings | -$476M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $357M |
| Minority Interest | $0 |
| TOTAL EQUITY | $357M |
| TOTAL LIABILITIES & EQUITY | $437M |
| Total Debt | $18M |
| Net Debt | -$76M |
