| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $166M | $155M | $189M | 6.9% | -12.3% |
| Op. Income | -$28M | -$14M | -$18M | -104.8% | -60.2% |
| Gross Margin | 6.1% | 5.7% | 9.7% | 0.4pp | -3.6pp |
| Net Margin | -14.4% | 0.3% | -4.8% | -14.7pp | -9.6pp |
| EPS (Diluted) | $-0.79 | $0.02 | $-0.28 | -5036.4% | -178.5% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $166M |
| Cost of Revenue | $156M |
| GROSS PROFIT | $10M |
| R&D Expenses | $5M |
| Selling & Marketing | $12M |
| General & Administrative | $10M |
| SG&A Expenses | $22M |
| Other Expenses | $11M |
| Operating Expenses | $38M |
| Cost & Expenses | $194M |
| OPERATING INCOME | -$28M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | -$23M |
| Income Tax Expense | $944.5K |
| Net Income from Continuing Ops | -$24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$24M |
| D&A | $4M |
| EBIT | -$27M |
| EBITDA | -$23M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$24M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $24M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $149M |
| Short-Term Investments | $449M |
| Net Receivables | $18M |
| Inventory | $0 |
| Other Current Assets | $38M |
| TOTAL CURRENT ASSETS | $653M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $9M |
| Long-Term Investments | $119M |
| Tax Assets | $0 |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $143M |
| TOTAL ASSETS | $796M |
| Account Payables | $73M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $71M |
| TOTAL CURRENT LIABILITIES | $180M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $617.0K |
| TOTAL LIABILITIES | $181M |
| Common Stock | $2.9K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$553M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $71M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $617M |
| Minority Interest | $0 |
| TOTAL EQUITY | $617M |
| TOTAL LIABILITIES & EQUITY | $796M |
| Total Debt | $2M |
| Net Debt | -$146M |
