| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $71M | $75M | $91M | -5.6% | -22.1% |
| Op. Income | -$14M | -$200M | -$21M | 92.8% | 30.7% |
| Gross Margin | 54.3% | 47.7% | 50.9% | 6.6pp | 3.4pp |
| Net Margin | -18.9% | -249.7% | -23.6% | 230.8pp | 4.6pp |
| EPS (Diluted) | $-0.33 | $-4.67 | $-0.54 | 92.9% | 38.9% |
| Free Cash Flow | $4M | -$16M | $14M | 127.1% | -69.1% |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $39M |
| R&D Expenses | $7M |
| Selling & Marketing | $25M |
| General & Administrative | $10M |
| SG&A Expenses | $35M |
| Other Expenses | $11M |
| Operating Expenses | $53M |
| Cost & Expenses | $85M |
| OPERATING INCOME | -$14M |
| Interest Income | $567.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $308.0K |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | -$692.0K |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $7M |
| EBIT | -$6M |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$825.0K |
| Other Non-Cash Items | $839.0K |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$566.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76M |
| Short-Term Investments | $0 |
| Net Receivables | $50M |
| Inventory | $61M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $193M |
| PP&E (Net) | $36M |
| Goodwill | $0 |
| Intangible Assets | $77M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $124M |
| TOTAL ASSETS | $318M |
| Account Payables | $38M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $91M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $112M |
| Common Stock | $385.0K |
| Additional Paid-In Capital | $610M |
| Retained Earnings | -$395M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $206M |
| Minority Interest | $0 |
| TOTAL EQUITY | $206M |
| TOTAL LIABILITIES & EQUITY | $318M |
| Total Debt | $5M |
| Net Debt | -$71M |
