| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31M | $20M | $0 | 54.2% | — |
| Op. Income | -$30M | -$14M | -$881.7K | -111.4% | -3324.5% |
| Gross Margin | 65.4% | 59.7% | — | 5.7pp | — |
| Net Margin | -124.4% | -68.9% | — | -55.6pp | — |
| EPS (Diluted) | $-0.58 | $-0.09 | $-0.01 | -572.9% | -5531.1% |
| Free Cash Flow | -$20M | -$38M | -$203.4K | 46.9% | -9819.9% |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $20M |
| R&D Expenses | $3M |
| Selling & Marketing | $40M |
| General & Administrative | $7M |
| SG&A Expenses | $47M |
| Other Expenses | -$89.1K |
| Operating Expenses | $50M |
| Cost & Expenses | $61M |
| OPERATING INCOME | -$30M |
| Interest Income | $909.7K |
| Interest Expense | $396.8K |
| Other Income/Expenses | -$487.1K |
| INCOME BEFORE TAX | -$31M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | -$39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$39M |
| D&A | $405.6K |
| EBIT | -$30M |
| EBITDA | -$30M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$39M |
| Depreciation & Amortization | $405.6K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | -$20M |
| Capital Expenditure | -$31.9K |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | -$576.1K |
| Sales/Maturities of Investments | $105.6K |
| Other Investing Activities | -$138.1K |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | -$106.6K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | $21M |
| FREE CASH FLOW | -$20M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $35M |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $53M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $22M |
| Tax Assets | $0 |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $46M |
| TOTAL ASSETS | $99M |
| Account Payables | $8M |
| Short-Term Debt | $11M |
| Deferred Revenue | $22M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $80M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $15M |
| TOTAL LIABILITIES | $95M |
| Common Stock | $27.0K |
| Additional Paid-In Capital | $95M |
| Retained Earnings | -$100M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$4M |
| Minority Interest | $8M |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $99M |
| Total Debt | $14M |
| Net Debt | $7M |
