| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $16M | — | -21.5% | — |
| Op. Income | -$11M | -$11M | — | 0.8% | — |
| Gross Margin | 80.2% | 82.8% | — | -2.5pp | — |
| Net Margin | 46.6% | -142.3% | — | 188.9pp | — |
| EPS (Diluted) | $0.06 | $-0.23 | — | 125.7% | — |
| Free Cash Flow | -$2M | -$7M | — | 73.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $10M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $934.0K |
| SG&A Expenses | $934.0K |
| Other Expenses | -$918.0K |
| Operating Expenses | $21M |
| Cost & Expenses | $23M |
| OPERATING INCOME | -$11M |
| Interest Income | $4M |
| Interest Expense | $2M |
| Other Income/Expenses | $17M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $514.0K |
| 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 | $6M |
| EBIT | $8M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $884.0K |
| Deferred Income Tax | -$25.0K |
| Other Non-Cash Items | -$18M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | -$47.0K |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$64M |
| Sales/Maturities of Investments | $49M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$216.0K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $143M |
| Short-Term Investments | $117M |
| Net Receivables | $23M |
| Inventory | $0 |
| Other Current Assets | $298.0K |
| TOTAL CURRENT ASSETS | $287M |
| PP&E (Net) | $76M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $8M |
| Tax Assets | $382.0K |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $96M |
| TOTAL ASSETS | $384M |
| Account Payables | $19M |
| Short-Term Debt | $5M |
| Deferred Revenue | $112M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $166M |
| Long-Term Debt | $44M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $95M |
| TOTAL LIABILITIES | $253M |
| Common Stock | $6M |
| Additional Paid-In Capital | $494M |
| Retained Earnings | -$330M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $131M |
| Minority Interest | $0 |
| TOTAL EQUITY | $131M |
| TOTAL LIABILITIES & EQUITY | $384M |
| Total Debt | $91M |
| Net Debt | -$52M |
