| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $11M | $13M | -1.7% | -17.1% |
| Op. Income | -$9M | -$16M | -$1M | 45.5% | -760.0% |
| Gross Margin | 29.4% | 27.8% | 31.1% | 1.5pp | -1.7pp |
| Net Margin | -250.0% | -44.1% | -32.9% | -206.0pp | -217.1pp |
| EPS (Diluted) | $-0.72 | $-0.13 | $0.05 | -453.8% | -1682.4% |
| Free Cash Flow | $15M | -$9M | $385.0K | 254.4% | 3677.9% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$9M |
| Interest Income | $0 |
| Interest Expense | $832.9K |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | -$27M |
| Income Tax Expense | $351.8K |
| Net Income from Continuing Ops | -$28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$28M |
| D&A | $159.6K |
| EBIT | -$26M |
| EBITDA | -$26M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$28M |
| Depreciation & Amortization | $159.6K |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $246.7K |
| Other Non-Cash Items | $16M |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$576.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$199.8K |
| NET CASH FROM INVESTING | -$199.8K |
| Net Debt Issuance | -$168.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5.8K |
| NET CASH FROM FINANCING | -$162.6K |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $64M |
| Short-Term Investments | $0 |
| Net Receivables | $20M |
| Inventory | $587.8K |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $91M |
| PP&E (Net) | $1M |
| Goodwill | $12M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $342.8K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $17M |
| TOTAL ASSETS | $108M |
| Account Payables | $13.7K |
| Short-Term Debt | $22M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $149M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $876.9K |
| Other Non-Current Liabilities | $45.3K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $150M |
| Common Stock | $4.7K |
| Additional Paid-In Capital | $66M |
| Retained Earnings | -$132M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$108.1K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$66M |
| Minority Interest | $24M |
| TOTAL EQUITY | -$42M |
| TOTAL LIABILITIES & EQUITY | $108M |
| Total Debt | $22M |
| Net Debt | -$41M |
