| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $3M | $1M | -58.2% | 4.4% |
| Op. Income | -$2M | -$317.0K | -$2M | -415.8% | 1.2% |
| Gross Margin | 34.3% | 68.6% | 34.8% | -34.3pp | -0.5pp |
| Net Margin | -169.4% | -20.1% | -189.9% | -149.3pp | 20.5pp |
| EPS (Diluted) | $-2.70 | $-0.85 | $-6.70 | -217.6% | 59.7% |
| Free Cash Flow | -$2M | -$2M | -$1M | 27.5% | -27.6% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $698.0K |
| GROSS PROFIT | $364.0K |
| R&D Expenses | $590.0K |
| Selling & Marketing | $638.0K |
| General & Administrative | $771.0K |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | -$216.0K |
| Interest Expense | $28.0K |
| Other Income/Expenses | -$164.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $15.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $15.0K |
| Stock-Based Compensation | $78.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $155.0K |
| Change in Working Capital | -$217.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$153.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$125.0K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$274.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $2M |
| Other Current Assets | $498.0K |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $448.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $874.0K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $8M |
| Account Payables | $982.0K |
| Short-Term Debt | $774.0K |
| Deferred Revenue | $246.0K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $150.0K |
| Deferred Revenue NC | $92.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $409.0K |
| TOTAL NON-CURRENT LIABILITIES | $657.0K |
| TOTAL LIABILITIES | $5M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $47M |
| Retained Earnings | -$44M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $228.0K |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $1M |
| Net Debt | -$622.0K |
