| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $143M | $137M | $188M | 5.0% | -23.7% |
| Op. Income | -$27M | -$222M | $13M | 87.7% | -305.6% |
| Gross Margin | 68.2% | 68.2% | 75.6% | 0.0pp | -7.4pp |
| Net Margin | -4.3% | -155.7% | 5.1% | 151.4pp | -9.4pp |
| EPS (Diluted) | $-0.06 | $-2.05 | $-0.12 | 97.1% | 51.2% |
| Free Cash Flow | $5M | $24M | $52M | -79.6% | -90.7% |
| Item | Amount |
|---|---|
| REVENUE | $143M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $98M |
| R&D Expenses | $41M |
| Selling & Marketing | $28M |
| General & Administrative | $56M |
| SG&A Expenses | $84M |
| Other Expenses | $0 |
| Operating Expenses | $125M |
| Cost & Expenses | $171M |
| OPERATING INCOME | -$27M |
| Interest Income | $28M |
| Interest Expense | $631.0K |
| Other Income/Expenses | $25M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $19M |
| EBIT | -$1M |
| EBITDA | $18M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$15M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$37M |
| Sales/Maturities of Investments | $145M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $95M |
| Net Debt Issuance | -$97M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$103M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $161M |
| Short-Term Investments | $154M |
| Net Receivables | $24M |
| Inventory | $0 |
| Other Current Assets | $81M |
| TOTAL CURRENT ASSETS | $438M |
| PP&E (Net) | $193M |
| Goodwill | $0 |
| Intangible Assets | $10M |
| Long-Term Investments | $213M |
| Tax Assets | $964.0K |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $431M |
| TOTAL ASSETS | $869M |
| Account Payables | $15M |
| Short-Term Debt | $359M |
| Deferred Revenue | $39M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $528M |
| Long-Term Debt | $127M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $148M |
| TOTAL LIABILITIES | $676M |
| Common Stock | $105.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$889M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $193M |
| Minority Interest | $0 |
| TOTAL EQUITY | $193M |
| TOTAL LIABILITIES & EQUITY | $869M |
| Total Debt | $504M |
| Net Debt | $343M |
