| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $9M | $12M | 95.1% | 49.7% |
| Op. Income | -$9M | -$12M | $13M | 19.5% | -169.7% |
| Gross Margin | 59.5% | 58.2% | 20.7% | 1.3pp | 38.8pp |
| Net Margin | -73.3% | -173.2% | 78.8% | 99.9pp | -152.1pp |
| EPS (Diluted) | $-0.59 | $-0.73 | $0.49 | 18.8% | -220.7% |
| Free Cash Flow | $2M | -$179.0K | -$5M | 959.2% | 131.3% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $11M |
| R&D Expenses | $4M |
| Selling & Marketing | $23.0K |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $183.0K |
| Operating Expenses | $20M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$9M |
| Interest Income | $77.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $2M |
| EBIT | -$9M |
| EBITDA | -$8M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $163.0K |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$56.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $589.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $54.0K |
| NET CASH FROM FINANCING | $643.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $681.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $738.0K |
| Short-Term Investments | $0 |
| Net Receivables | $14M |
| Inventory | $5M |
| Other Current Assets | $857.0K |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $72M |
| Goodwill | $7M |
| Intangible Assets | $9M |
| Long-Term Investments | $10M |
| Tax Assets | $0 |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $112M |
| TOTAL ASSETS | $133M |
| Account Payables | $23M |
| Short-Term Debt | $6M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $54M |
| Long-Term Debt | $36M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $9.0K |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $70M |
| TOTAL LIABILITIES | $124M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $909M |
| Retained Earnings | -$900M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $0 |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $133M |
| Total Debt | $69M |
| Net Debt | $68M |
