| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $929.0K | $1M | $1M | -12.3% | -28.4% |
| Op. Income | -$685.8K | -$381.1K | -$115.7K | -80.0% | -492.7% |
| Gross Margin | 2.2% | 7.8% | 5.4% | -5.6pp | -3.2pp |
| Net Margin | -222.4% | -102.5% | 66.6% | -119.9pp | -289.0pp |
| EPS (Diluted) | $-5.10 | $-2.85 | $2.40 | -78.9% | -312.5% |
| Free Cash Flow | -$38.5K | $235.3K | $1M | -116.3% | -103.5% |
| Item | Amount |
|---|---|
| REVENUE | $929.0K |
| Cost of Revenue | $908.8K |
| GROSS PROFIT | $20.2K |
| R&D Expenses | $0 |
| Selling & Marketing | $119.6K |
| General & Administrative | $586.5K |
| SG&A Expenses | $706.0K |
| Other Expenses | $0 |
| Operating Expenses | $706.0K |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$685.8K |
| Interest Income | $300 |
| Interest Expense | $116.1K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$13 |
| 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 | $412.6K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $412.6K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $228.6K |
| OPERATING CASH FLOW | $13.6K |
| Capital Expenditure | -$52.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$52.1K |
| Net Debt Issuance | -$6.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$109.7K |
| NET CASH FROM FINANCING | -$115.8K |
| FREE CASH FLOW | -$38.5K |
| Net Change in Cash | -$155.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $325.0K |
| Short-Term Investments | $18M |
| Net Receivables | $6M |
| Inventory | $166.9K |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $30M |
| PP&E (Net) | $19M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $265.4K |
| TOTAL NON-CURRENT ASSETS | $19M |
| TOTAL ASSETS | $49M |
| Account Payables | $53.2K |
| Short-Term Debt | $802.5K |
| Deferred Revenue | $727.7K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $23M |
| TOTAL LIABILITIES | $27M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $35M |
| Retained Earnings | -$14M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $148.6K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22M |
| Minority Interest | $0 |
| TOTAL EQUITY | $22M |
| TOTAL LIABILITIES & EQUITY | $49M |
| Total Debt | $22M |
| Net Debt | $22M |
