| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $12M | $16M | 14.6% | -10.2% |
| Op. Income | -$9M | -$2M | -$14M | -300.3% | 34.0% |
| Gross Margin | 7.1% | 9.7% | 7.8% | -2.7pp | -0.7pp |
| Net Margin | -67.1% | -17.6% | -86.8% | -49.5pp | 19.7pp |
| EPS (Diluted) | $-0.50 | $-0.45 | $-0.87 | -11.1% | 42.5% |
| Free Cash Flow | -$5M | $511.0K | -$3M | -1030.6% | -82.5% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $28.7K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $1M |
| Operating Expenses | $10M |
| Cost & Expenses | $23M |
| OPERATING INCOME | -$9M |
| Interest Income | $97.4K |
| Interest Expense | $319.8K |
| Other Income/Expenses | -$576.3K |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $312.2K |
| EBIT | -$9M |
| EBITDA | -$8M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $312.2K |
| Stock-Based Compensation | $586.5K |
| Deferred Income Tax | -$11.8K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$353.2K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$921.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$932.8K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $315.1K |
| Short-Term Investments | $21.1K |
| Net Receivables | $16M |
| Inventory | $4M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $25M |
| PP&E (Net) | $10M |
| Goodwill | $49.7K |
| Intangible Assets | $8M |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $29M |
| TOTAL ASSETS | $54M |
| Account Payables | $11M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $30M |
| Common Stock | $23.7K |
| Additional Paid-In Capital | $142M |
| Retained Earnings | -$114M |
| Treasury Stock | -$917.2K |
| Accum. Other Comp. Income | -$2M |
| Other Equity | -$20 |
| TOTAL STOCKHOLDERS' EQUITY | $25M |
| Minority Interest | $0 |
| TOTAL EQUITY | $25M |
| TOTAL LIABILITIES & EQUITY | $54M |
| Total Debt | $12M |
| Net Debt | $12M |
