| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $11M | $539.0K | 34.8% | 2701.5% |
| Op. Income | $3M | -$1M | -$11M | 341.4% | 126.9% |
| Gross Margin | 85.9% | 85.4% | 68.3% | 0.6pp | 17.6pp |
| Net Margin | -22.5% | 16.6% | -2066.0% | -39.1pp | 2043.5pp |
| EPS (Diluted) | $-0.11 | $0.06 | $-0.48 | -284.2% | 78.0% |
| Free Cash Flow | -$1M | -$4M | -$8M | 68.0% | 84.9% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $13M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $12M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $69.0K |
| EBIT | $10M |
| EBITDA | $10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $69.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$229.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$21M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $42M |
| NET CASH FROM FINANCING | $40M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $21M |
| Net Receivables | $11M |
| Inventory | $7M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $74M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $77M |
| Account Payables | $961.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $766.0K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $331.0K |
| Additional Paid-In Capital | $600M |
| Retained Earnings | -$532M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $82.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $69M |
| Minority Interest | $0 |
| TOTAL EQUITY | $69M |
| TOTAL LIABILITIES & EQUITY | $77M |
| Total Debt | $1M |
| Net Debt | -$31M |
