| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | — | $13M | — | -21.4% |
| Op. Income | $1M | — | -$3M | — | 152.2% |
| Gross Margin | 69.4% | — | 48.2% | — | 21.2pp |
| Net Margin | -149.3% | — | -24.5% | — | -124.7pp |
| EPS (Diluted) | $-1.09 | — | $-0.34 | — | -220.6% |
| Free Cash Flow | -$2M | — | -$2M | — | 0.2% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $77.0K |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $285.0K |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | -$15M |
| Income Tax Expense | -$2.0K |
| Net Income from Continuing Ops | -$15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$15M |
| D&A | $984.0K |
| EBIT | -$14M |
| EBITDA | -$13M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$15M |
| Depreciation & Amortization | $984.0K |
| Stock-Based Compensation | $447.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$428.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $379.0K |
| NET CASH FROM INVESTING | -$49.0K |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$383.0K |
| NET CASH FROM FINANCING | $982.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$372.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $33M |
| PP&E (Net) | $3M |
| Goodwill | $7M |
| Intangible Assets | $18M |
| Long-Term Investments | $362.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $32M |
| TOTAL ASSETS | $64M |
| Account Payables | $6M |
| Short-Term Debt | $6M |
| Deferred Revenue | $436.0K |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $31M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $516.0K |
| TOTAL NON-CURRENT LIABILITIES | $978.0K |
| TOTAL LIABILITIES | $32M |
| Common Stock | $194.0K |
| Additional Paid-In Capital | $546M |
| Retained Earnings | -$504M |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | -$345.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $33M |
| Minority Interest | -$1M |
| TOTAL EQUITY | $32M |
| TOTAL LIABILITIES & EQUITY | $64M |
| Total Debt | $7M |
| Net Debt | $2M |
