| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $14M | $24M | 8.4% | -35.5% |
| Op. Income | -$664.0K | -$6M | -$2M | 88.5% | 67.3% |
| Gross Margin | -311.7% | -13.0% | 22.4% | -298.7pp | -334.1pp |
| Net Margin | -5.1% | -39.0% | -8.7% | 33.8pp | 3.6pp |
| EPS (Diluted) | $-0.03 | $-0.18 | $-0.07 | 85.6% | 62.1% |
| Free Cash Flow | -$6M | -$4M | -$3M | -33.3% | -108.8% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $64M |
| GROSS PROFIT | -$49M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$51M |
| Operating Expenses | -$48M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$664.0K |
| Interest Income | $18.0K |
| Interest Expense | $39.0K |
| Other Income/Expenses | -$167.0K |
| INCOME BEFORE TAX | -$831.0K |
| Income Tax Expense | -$29.0K |
| Net Income from Continuing Ops | -$802.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$802.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$802.0K |
| D&A | $1M |
| EBIT | -$792.0K |
| EBITDA | $561.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$802.0K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1.0K |
| Other Non-Cash Items | $298.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$308.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $483.0K |
| NET CASH FROM INVESTING | $175.0K |
| Net Debt Issuance | -$213.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$213.0K |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $16M |
| Goodwill | $0 |
| Intangible Assets | $348.0K |
| Long-Term Investments | $0 |
| Tax Assets | $365.0K |
| Other Non-Current Assets | $791.0K |
| TOTAL NON-CURRENT ASSETS | $17M |
| TOTAL ASSETS | $31M |
| Account Payables | $3M |
| Short-Term Debt | $168.0K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $176.0K |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $16.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $310.0K |
| Additional Paid-In Capital | $157M |
| Retained Earnings | -$138M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17M |
| Minority Interest | $0 |
| TOTAL EQUITY | $17M |
| TOTAL LIABILITIES & EQUITY | $31M |
| Total Debt | $6M |
| Net Debt | $4M |
