| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32M | $29M | $33M | 10.2% | -2.4% |
| Op. Income | -$13M | -$3M | -$32M | -342.1% | 58.3% |
| Gross Margin | 63.9% | 74.1% | 70.5% | -10.2pp | -6.6pp |
| Net Margin | -32.6% | -10.0% | -174.0% | -22.5pp | 141.4pp |
| EPS (Diluted) | $-1.65 | $-0.45 | $-9.15 | -266.7% | 82.0% |
| Free Cash Flow | $12M | -$35.0K | $6M | 33094.3% | 96.2% |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $21M |
| R&D Expenses | $1M |
| Selling & Marketing | $2M |
| General & Administrative | $20M |
| SG&A Expenses | $21M |
| Other Expenses | $11M |
| Operating Expenses | $34M |
| Cost & Expenses | $46M |
| OPERATING INCOME | -$13M |
| Interest Income | $780.0K |
| Interest Expense | $763.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | -$273.0K |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $7M |
| EBIT | -$9M |
| EBITDA | -$2M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$25M |
| Sales/Maturities of Investments | $26M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$59.0K |
| NET CASH FROM FINANCING | -$59.0K |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $49M |
| Net Receivables | $54M |
| Inventory | $38M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $203M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $80M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0K |
| TOTAL NON-CURRENT ASSETS | $82M |
| TOTAL ASSETS | $285M |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $96M |
| TOTAL CURRENT LIABILITIES | $115M |
| Long-Term Debt | $39M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $49M |
| TOTAL LIABILITIES | $164M |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $794M |
| Retained Earnings | -$673M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $121M |
| Minority Interest | $0 |
| TOTAL EQUITY | $121M |
| TOTAL LIABILITIES & EQUITY | $285M |
| Total Debt | $40M |
| Net Debt | -$10M |
