| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40M | $40M | $35M | -0.6% | 13.2% |
| Op. Income | $2M | $4M | $5M | -57.4% | -60.0% |
| Gross Margin | 83.6% | 60.1% | 61.9% | 23.4pp | 21.6pp |
| Net Margin | -3.4% | 2.2% | 10.9% | -5.5pp | -14.2pp |
| EPS (Diluted) | $-0.04 | $0.03 | $0.13 | -240.6% | -129.8% |
| Free Cash Flow | -$7M | $2M | -$1M | -450.5% | -513.1% |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $10M |
| Operating Expenses | $31M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $2M |
| Interest Income | $126.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$445.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $7M |
| EBIT | -$451.0K |
| EBITDA | $6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $520.0K |
| Deferred Income Tax | $523.0K |
| Other Non-Cash Items | -$936.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$44M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $49M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $41M |
| Inventory | $18M |
| Other Current Assets | -$1.0K |
| TOTAL CURRENT ASSETS | $68M |
| PP&E (Net) | $98M |
| Goodwill | $12M |
| Intangible Assets | $37M |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $154M |
| TOTAL ASSETS | $222M |
| Account Payables | $12M |
| Short-Term Debt | $7M |
| Deferred Revenue | $675.0K |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $31M |
| Long-Term Debt | $47M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $72M |
| TOTAL LIABILITIES | $102M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $125M |
| Retained Earnings | -$4M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $120M |
| Minority Interest | $0 |
| TOTAL EQUITY | $120M |
| TOTAL LIABILITIES & EQUITY | $222M |
| Total Debt | $77M |
| Net Debt | $71M |
