| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $3M | $4M | -34.6% | -53.8% |
| Op. Income | -$4M | -$1M | -$523.0K | -299.0% | -730.8% |
| Gross Margin | 10.7% | 47.5% | 48.5% | -36.9pp | -37.8pp |
| Net Margin | -206.2% | -42.0% | -13.0% | -164.2pp | -193.2pp |
| EPS (Diluted) | $-0.32 | $-0.12 | $-0.05 | -166.7% | -493.7% |
| Free Cash Flow | -$1M | $2M | -$2M | -178.7% | 32.2% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $197.5K |
| R&D Expenses | $721.3K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $2M |
| Operating Expenses | $5M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $178.7K |
| Other Income/Expenses | $539.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $15.0K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $150.2K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $150.2K |
| Stock-Based Compensation | $187.9K |
| Deferred Income Tax | $15.0K |
| Other Non-Cash Items | $655.1K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$16.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$16.5K |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $8M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $28M |
| PP&E (Net) | $7M |
| Goodwill | $5M |
| Intangible Assets | $2M |
| Long-Term Investments | $348.3K |
| Tax Assets | $246.0K |
| Other Non-Current Assets | $824.2K |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $43M |
| Account Payables | $941.4K |
| Short-Term Debt | $466.1K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $128.1K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $285.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $6M |
| Common Stock | $19.7K |
| Additional Paid-In Capital | $58M |
| Retained Earnings | -$21M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $37M |
| Minority Interest | $0 |
| TOTAL EQUITY | $37M |
| TOTAL LIABILITIES & EQUITY | $43M |
| Total Debt | $5M |
| Net Debt | -$15M |
