| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | $64M | $34M | -47.3% | -1.3% |
| Op. Income | -$2M | $4M | $17M | -158.3% | -112.4% |
| Gross Margin | 54.8% | 47.6% | 86.4% | 7.2pp | -31.5pp |
| Net Margin | 91.6% | 3.2% | -32.1% | 88.3pp | 123.7pp |
| EPS (Diluted) | $-0.10 | $0.05 | $-0.30 | -284.8% | 67.0% |
| Free Cash Flow | -$8M | $6M | -$7M | -217.5% | -8.2% |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $19M |
| R&D Expenses | $2M |
| Selling & Marketing | $1M |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $3M |
| Operating Expenses | $21M |
| Cost & Expenses | $36M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | -$6M |
| Other Income/Expenses | -$519.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $266.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $34M |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $3M |
| EBIT | -$8M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $158.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $83M |
| NET CASH FROM INVESTING | $80M |
| Net Debt Issuance | -$89M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$89M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $0 |
| Net Receivables | $49M |
| Inventory | $0 |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $101M |
| PP&E (Net) | $35M |
| Goodwill | $43M |
| Intangible Assets | $12M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $121M |
| TOTAL ASSETS | $221M |
| Account Payables | $14M |
| Short-Term Debt | $26M |
| Deferred Revenue | $555.0K |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $97M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $114M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $730M |
| Retained Earnings | -$622M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $105M |
| Minority Interest | $2M |
| TOTAL EQUITY | $107M |
| TOTAL LIABILITIES & EQUITY | $221M |
| Total Debt | $63M |
| Net Debt | $24M |
