| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $60M | $57M | $57M | 5.1% | 4.0% |
| Op. Income | -$14M | -$16M | -$70M | 15.2% | 80.1% |
| Gross Margin | 45.8% | 44.8% | 40.6% | 1.0pp | 5.2pp |
| Net Margin | -31.4% | 1.4% | -109.0% | -32.8pp | 77.6pp |
| EPS (Diluted) | $-0.42 | $-0.02 | $-1.31 | -2000.0% | 67.9% |
| Free Cash Flow | -$11M | -$1M | -$10M | -958.1% | -13.9% |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $27M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $41M |
| Cost & Expenses | $73M |
| OPERATING INCOME | -$14M |
| Interest Income | $0 |
| Interest Expense | $636.0K |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $29.0K |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $8M |
| EBIT | -$18M |
| EBITDA | -$10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$18.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | -$422.0K |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | -$130.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | $624.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $216M |
| Net Receivables | $46M |
| Inventory | $22M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $342M |
| PP&E (Net) | $136M |
| Goodwill | $52M |
| Intangible Assets | $170M |
| Long-Term Investments | $0 |
| Tax Assets | $868.0K |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $362M |
| TOTAL ASSETS | $703M |
| Account Payables | $26M |
| Short-Term Debt | $14M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $65M |
| Long-Term Debt | $185M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $237M |
| TOTAL LIABILITIES | $302M |
| Common Stock | $50.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$757M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $402M |
| Minority Interest | $0 |
| TOTAL EQUITY | $402M |
| TOTAL LIABILITIES & EQUITY | $703M |
| Total Debt | $251M |
| Net Debt | $205M |
