| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $16M | $2M | -58.6% | 351.8% |
| Op. Income | -$2M | $6M | $24M | -137.0% | -109.1% |
| Gross Margin | 1.2% | 52.7% | 65.9% | -51.5pp | -64.7pp |
| Net Margin | -29.5% | 33.2% | 827.6% | -62.8pp | -857.1pp |
| EPS (Diluted) | $-0.07 | $0.21 | $0.75 | -133.2% | -109.3% |
| Free Cash Flow | $4M | $3M | -$2M | 35.9% | 293.8% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $83.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $446.0K |
| SG&A Expenses | $446.0K |
| Other Expenses | $2M |
| Operating Expenses | $2M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$2M |
| Interest Income | $13M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$181.0K |
| 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 | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | -$3.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$398M |
| Sales/Maturities of Investments | $336M |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$74M |
| Net Debt Issuance | $77M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $76M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $0 |
| Net Receivables | $43M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $75M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $726M |
| Tax Assets | $0 |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $749M |
| TOTAL ASSETS | $824M |
| Account Payables | $33M |
| Short-Term Debt | $563M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $596M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $35M |
| TOTAL NON-CURRENT LIABILITIES | $35M |
| TOTAL LIABILITIES | $630M |
| Common Stock | $297.0K |
| Additional Paid-In Capital | $349M |
| Retained Earnings | -$155M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $194M |
| Minority Interest | $0 |
| TOTAL EQUITY | $194M |
| TOTAL LIABILITIES & EQUITY | $824M |
| Total Debt | $563M |
| Net Debt | $531M |
