| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $14M | $31M | 28.2% | -41.5% |
| Op. Income | -$4M | -$2M | $169.0K | -128.6% | -2259.8% |
| Gross Margin | 66.2% | 73.9% | 60.4% | -7.6pp | 5.8pp |
| Net Margin | -25.7% | -20.6% | -8.0% | -5.1pp | -17.7pp |
| EPS (Diluted) | $-0.83 | $-0.52 | $-0.59 | -59.6% | -40.7% |
| Free Cash Flow | -$1M | -$254.0K | $9M | -339.8% | -111.9% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $12M |
| R&D Expenses | $1M |
| Selling & Marketing | $6M |
| General & Administrative | $5M |
| SG&A Expenses | $11M |
| Other Expenses | $3M |
| Operating Expenses | $16M |
| Cost & Expenses | $22M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$272.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $695.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $2M |
| EBIT | -$8M |
| EBITDA | -$6M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $242.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$788.0K |
| Capital Expenditure | -$329.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $295.0K |
| NET CASH FROM INVESTING | -$34.0K |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $17M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $246.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $24M |
| Inventory | $12M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $62M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $52M |
| Long-Term Investments | $0 |
| Tax Assets | $762.0K |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $57M |
| TOTAL ASSETS | $119M |
| Account Payables | $10M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $42M |
| TOTAL CURRENT LIABILITIES | $62M |
| Long-Term Debt | $11M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $762.0K |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $29M |
| TOTAL LIABILITIES | $91M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $348M |
| Retained Earnings | -$320M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $28M |
| Minority Interest | $0 |
| TOTAL EQUITY | $28M |
| TOTAL LIABILITIES & EQUITY | $119M |
| Total Debt | $16M |
| Net Debt | -$4M |
