| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | — | $7M | — | 220.7% |
| Op. Income | -$6M | — | -$20M | — | 69.4% |
| Gross Margin | 4.7% | — | -17.7% | — | 22.4pp |
| Net Margin | -43.0% | — | -269.2% | — | 226.2pp |
| EPS (Diluted) | $-3.35 | — | $-0.82 | — | -310.7% |
| Free Cash Flow | -$4M | — | -$78.9K | — | -4752.5% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $29M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $132.0K |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | -$20.3K |
| 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 | $52.2K |
| EBIT | -$10M |
| EBITDA | -$10M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $52.2K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $10.6K |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$23 |
| Acquisitions (Net) | $9.1K |
| Purchases of Investments | -$44.3K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$84.9K |
| NET CASH FROM INVESTING | -$120.2K |
| Net Debt Issuance | $976.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$13.3K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $230.6K |
| Short-Term Investments | $885.8K |
| Net Receivables | $25M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $41M |
| PP&E (Net) | $500.6K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $590.1K |
| Tax Assets | $0 |
| Other Non-Current Assets | $211.9K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $42M |
| Account Payables | $12M |
| Short-Term Debt | $5M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $27M |
| Common Stock | $39.4K |
| Additional Paid-In Capital | $42M |
| Retained Earnings | -$27M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$167.2K |
| Other Equity | -$15.4K |
| TOTAL STOCKHOLDERS' EQUITY | $15M |
| Minority Interest | $16.2K |
| TOTAL EQUITY | $15M |
| TOTAL LIABILITIES & EQUITY | $42M |
| Total Debt | $6M |
| Net Debt | $6M |
