| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $1M | — | 215.5% | — |
| Op. Income | -$5M | -$4M | — | -30.8% | — |
| Gross Margin | 6.6% | 0.7% | — | 5.9pp | — |
| Net Margin | -123.3% | -299.5% | — | 176.2pp | — |
| EPS (Diluted) | $-1.71 | $-1.55 | — | -10.3% | — |
| Free Cash Flow | -$503.6K | -$336.7K | — | -49.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $287.3K |
| R&D Expenses | $15.8K |
| Selling & Marketing | $1M |
| General & Administrative | $5M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$5M |
| Interest Income | $29 |
| Interest Expense | $0 |
| Other Income/Expenses | -$9.5K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $82.1K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $82.1K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $892.4K |
| Change in Working Capital | $62.1K |
| OPERATING CASH FLOW | -$444.5K |
| Capital Expenditure | -$59.0K |
| Acquisitions (Net) | -$34 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$55.8K |
| NET CASH FROM INVESTING | -$59.0K |
| Net Debt Issuance | $686.8K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8.2K |
| NET CASH FROM FINANCING | $630.4K |
| FREE CASH FLOW | -$503.6K |
| Net Change in Cash | $128.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $181.3K |
| Short-Term Investments | $0 |
| Net Receivables | $718.5K |
| Inventory | $153.6K |
| Other Current Assets | $43.0K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $97.8K |
| Goodwill | $0 |
| Intangible Assets | $546.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $643.8K |
| TOTAL ASSETS | $3M |
| Account Payables | $1M |
| Short-Term Debt | $1M |
| Deferred Revenue | $49.2K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $4M |
| Common Stock | $3.6K |
| Additional Paid-In Capital | $39M |
| Retained Earnings | -$39M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $242.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$236.7K |
| Minority Interest | -$71.5K |
| TOTAL EQUITY | -$308.3K |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $1M |
| Net Debt | $1M |
