| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $409.2K | $240.8K | — | 69.9% | — |
| Op. Income | -$2M | -$2M | — | 1.1% | — |
| Gross Margin | 46.0% | 12.4% | — | 33.6pp | — |
| Net Margin | -417.3% | -352.7% | — | -64.6pp | — |
| EPS (Diluted) | $0.00 | $-19.95 | — | 100.0% | — |
| Free Cash Flow | -$2M | -$1M | — | -14.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $409.2K |
| Cost of Revenue | $221.1K |
| GROSS PROFIT | $188.0K |
| R&D Expenses | $447.3K |
| Selling & Marketing | $291.9K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $765 |
| Interest Expense | $44.0K |
| Other Income/Expenses | -$128.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $230.1K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $230.1K |
| Stock-Based Compensation | $79.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$16.8K |
| Change in Working Capital | -$181.1K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$11.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$11.6K |
| Net Debt Issuance | -$62.8K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $49.9K |
| NET CASH FROM FINANCING | $934.1K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$673.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $187.7K |
| Short-Term Investments | $0 |
| Net Receivables | $415.0K |
| Inventory | $389.6K |
| Other Current Assets | $354.1K |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $396.0K |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $42.5K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $4M |
| Account Payables | $644.4K |
| Short-Term Debt | $0 |
| Deferred Revenue | $88.1K |
| Other Current Liabilities | $619.2K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $817.1K |
| TOTAL NON-CURRENT LIABILITIES | $930.5K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $28M |
| Additional Paid-In Capital | $4M |
| Retained Earnings | -$31M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$28.1K |
| Other Equity | $792.7K |
| TOTAL STOCKHOLDERS' EQUITY | $999.9K |
| Minority Interest | $0 |
| TOTAL EQUITY | $999.9K |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $220.9K |
| Net Debt | $33.2K |
