| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $55M | $71M | $81M | -22.3% | -32.1% |
| Op. Income | -$9M | $4M | $5M | -343.0% | -287.8% |
| Gross Margin | 62.7% | 70.7% | 70.8% | -8.1pp | -8.1pp |
| Net Margin | -37.3% | -444.5% | -14.3% | 407.2pp | -22.9pp |
| EPS (Diluted) | $13.56 | $-7.50 | $-0.29 | 280.8% | 4775.9% |
| Free Cash Flow | $5M | $12M | $10M | -61.3% | -52.0% |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $34M |
| R&D Expenses | $25M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $43M |
| Cost & Expenses | $64M |
| OPERATING INCOME | -$9M |
| Interest Income | $1M |
| Interest Expense | $3M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | $33.0K |
| Net Income from Continuing Ops | -$20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$20M |
| D&A | $3M |
| EBIT | -$17M |
| EBITDA | -$15M |
| EPS | $14 |
| EPS Diluted | $14 |
| Item | Amount |
|---|---|
| Net Income | -$20M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$492.0K |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$405.0K |
| NET CASH FROM INVESTING | $54.0K |
| Net Debt Issuance | -$89.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8.0K |
| NET CASH FROM FINANCING | $167.0K |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $121M |
| Short-Term Investments | $6M |
| Net Receivables | $63M |
| Inventory | $0 |
| Other Current Assets | $76M |
| TOTAL CURRENT ASSETS | $266M |
| PP&E (Net) | $43M |
| Goodwill | $297M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $51M |
| Other Non-Current Assets | $44M |
| TOTAL NON-CURRENT ASSETS | $437M |
| TOTAL ASSETS | $702M |
| Account Payables | $4M |
| Short-Term Debt | $87M |
| Deferred Revenue | $53M |
| Other Current Liabilities | $32M |
| TOTAL CURRENT LIABILITIES | $217M |
| Long-Term Debt | $195M |
| Deferred Revenue NC | $114M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $344M |
| TOTAL LIABILITIES | $561M |
| Common Stock | $419.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$922M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$26M |
| Other Equity | $1.1B |
| TOTAL STOCKHOLDERS' EQUITY | $141M |
| Minority Interest | $0 |
| TOTAL EQUITY | $141M |
| TOTAL LIABILITIES & EQUITY | $702M |
| Total Debt | $296M |
| Net Debt | $174M |
