| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $279.3K | $343.9K | $193.3K | -18.8% | 44.4% |
| Op. Income | -$989.0K | -$962.8K | -$1M | -2.7% | 18.9% |
| Gross Margin | 16.3% | 32.1% | 100.0% | -15.8pp | -83.7pp |
| Net Margin | -354.1% | -279.9% | -676.6% | -74.1pp | 322.6pp |
| EPS (Diluted) | $-0.08 | $-0.08 | $-0.11 | -2.7% | 26.2% |
| Free Cash Flow | -$583.5K | -$548.5K | -$1M | -6.4% | 57.0% |
| Item | Amount |
|---|---|
| REVENUE | $279.3K |
| Cost of Revenue | $233.8K |
| GROSS PROFIT | $45.5K |
| R&D Expenses | $400.3K |
| Selling & Marketing | $0 |
| General & Administrative | $634.2K |
| SG&A Expenses | $634.2K |
| Other Expenses | $81 |
| Operating Expenses | $1M |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$989.0K |
| Interest Income | $134 |
| Interest Expense | $0 |
| Other Income/Expenses | $215 |
| INCOME BEFORE TAX | -$988.8K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$988.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$988.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$988.8K |
| D&A | $100.0K |
| EBIT | -$988.9K |
| EBITDA | -$889.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$988.8K |
| Depreciation & Amortization | $100.0K |
| Stock-Based Compensation | $163.8K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7.0K |
| Change in Working Capital | $139.4K |
| OPERATING CASH FLOW | -$578.6K |
| Capital Expenditure | -$4.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4.9K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$583.5K |
| Net Change in Cash | -$583.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $60.0K |
| Inventory | $0 |
| Other Current Assets | $42.0K |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $7.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $13.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $4M |
| Account Payables | $317.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $627.0K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $941.0K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $16M |
| Retained Earnings | -$14M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $0 |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $1M |
| Net Debt | -$221.0K |
