| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $121M | $125M | $126M | -2.9% | -3.6% |
| Op. Income | -$6M | -$14M | -$13M | 53.8% | 49.6% |
| Gross Margin | 62.7% | 61.8% | 57.0% | 1.0pp | 5.8pp |
| Net Margin | -4.0% | -8.1% | -11.3% | 4.0pp | 7.2pp |
| EPS (Diluted) | $-0.03 | $-0.06 | $-0.09 | 51.6% | 68.9% |
| Free Cash Flow | -$3M | $13M | $17M | -124.0% | -119.0% |
| Item | Amount |
|---|---|
| REVENUE | $121M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $76M |
| R&D Expenses | $0 |
| Selling & Marketing | $19M |
| General & Administrative | $64M |
| SG&A Expenses | $83M |
| Other Expenses | $0 |
| Operating Expenses | $83M |
| Cost & Expenses | $128M |
| OPERATING INCOME | -$6M |
| Interest Income | $2M |
| Interest Expense | $703.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $0 |
| 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 | $583.0K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $583.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $161.0K |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$634.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $125M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $84M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $222M |
| PP&E (Net) | $58M |
| Goodwill | $0 |
| Intangible Assets | $12M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $77M |
| TOTAL ASSETS | $299M |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $26M |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $75M |
| Long-Term Debt | $40M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $84M |
| TOTAL LIABILITIES | $159M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $492M |
| Retained Earnings | -$347M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $139M |
| Minority Interest | $0 |
| TOTAL EQUITY | $139M |
| TOTAL LIABILITIES & EQUITY | $299M |
| Total Debt | $88M |
| Net Debt | -$38M |
