| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $9M | — | 6.2% | — |
| Op. Income | -$4M | -$4M | — | 8.0% | — |
| Gross Margin | 102.7% | 52.3% | — | 50.4pp | — |
| Net Margin | -86.2% | -27.1% | — | -59.1pp | — |
| EPS (Diluted) | $-0.14 | $-0.04 | — | -226.3% | — |
| Free Cash Flow | -$2M | -$3M | — | 10.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | -$247.9K |
| GROSS PROFIT | $9M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $10M |
| Other Expenses | $3M |
| Operating Expenses | $13M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $624.2K |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $425.6K |
| EBIT | -$9M |
| EBITDA | -$9M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $425.6K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$124.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$124.2K |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | $166.9K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $3M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $22M |
| PP&E (Net) | $21M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $47M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $419.3K |
| Other Current Liabilities | $865.5K |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $14M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $26M |
| TOTAL LIABILITIES | $36M |
| Common Stock | $54.8K |
| Additional Paid-In Capital | $311M |
| Retained Earnings | -$304M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $0 |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $47M |
| Total Debt | $27M |
| Net Debt | $24M |
