| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $817.4K | $2M | $686.5K | -58.2% | 19.1% |
| Op. Income | -$2M | -$202.6K | -$2M | -655.2% | 29.4% |
| Gross Margin | 56.8% | 79.8% | 49.0% | -22.9pp | 7.8pp |
| Net Margin | -189.7% | -10.4% | -301.8% | -179.3pp | 112.0pp |
| EPS (Diluted) | $-0.05 | $-0.01 | $-0.07 | -666.7% | 26.4% |
| Free Cash Flow | -$696.4K | -$201.1K | -$923.4K | -246.4% | 24.6% |
| Item | Amount |
|---|---|
| REVENUE | $817.4K |
| Cost of Revenue | $352.8K |
| GROSS PROFIT | $464.6K |
| R&D Expenses | $545.7K |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $8.5K |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $103.7K |
| Interest Expense | $126.2K |
| Other Income/Expenses | -$20.8K |
| 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 | $0 |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $4.6K |
| Stock-Based Compensation | $274.8K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4.0K |
| Change in Working Capital | $571.1K |
| OPERATING CASH FLOW | -$696.4K |
| Capital Expenditure | -$5 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $5 |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $24.3K |
| FREE CASH FLOW | -$696.4K |
| Net Change in Cash | $585.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $3M |
| Net Receivables | $237.0K |
| Inventory | $0 |
| Other Current Assets | $24.2K |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $92.2K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $10.4K |
| TOTAL NON-CURRENT ASSETS | $102.6K |
| TOTAL ASSETS | $10M |
| Account Payables | $482.3K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $833.8K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $42.1K |
| Additional Paid-In Capital | $107M |
| Retained Earnings | -$86M |
| Treasury Stock | -$19M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $0 |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $10M |
| Total Debt | $5M |
| Net Debt | -$1M |
