| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $4M | $4M | 24.6% | 9.7% |
| Op. Income | -$1M | -$1M | -$4M | -0.5% | 67.1% |
| Gross Margin | 93.4% | 93.0% | 94.5% | 0.4pp | -1.1pp |
| Net Margin | -24.8% | -30.3% | -96.9% | 5.5pp | 72.1pp |
| EPS (Diluted) | $-0.06 | $-0.06 | $-0.20 | -2.4% | 71.8% |
| Free Cash Flow | $683.0K | -$765.0K | $3M | 189.3% | -77.7% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $315.0K |
| GROSS PROFIT | $4M |
| R&D Expenses | $2M |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$1M |
| Interest Income | $281.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $281.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$1.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $141.0K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $141.0K |
| Stock-Based Compensation | $505.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $34.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $683.0K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$207.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $60.0K |
| NET CASH FROM FINANCING | -$184.0K |
| FREE CASH FLOW | $683.0K |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $15M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $33M |
| PP&E (Net) | $4M |
| Goodwill | $3M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $122.0K |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $43M |
| Account Payables | $894.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $296.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $12M |
| Common Stock | $211.0K |
| Additional Paid-In Capital | $100M |
| Retained Earnings | -$70M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $251.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31M |
| Minority Interest | $0 |
| TOTAL EQUITY | $31M |
| TOTAL LIABILITIES & EQUITY | $43M |
| Total Debt | $4M |
| Net Debt | -$9M |
