| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $79M | $61M | $61M | 29.2% | 29.4% |
| Op. Income | -$2M | -$15M | -$9M | 85.0% | 73.2% |
| Gross Margin | 63.8% | 70.2% | 63.6% | -6.4pp | 0.2pp |
| Net Margin | -8.6% | -31.4% | -19.4% | 22.8pp | 10.8pp |
| EPS (Diluted) | $-0.11 | $-0.30 | $-0.21 | 63.3% | 47.6% |
| Free Cash Flow | $3M | -$7M | $452.0K | 148.3% | 662.4% |
| Item | Amount |
|---|---|
| REVENUE | $79M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $50M |
| R&D Expenses | $2M |
| Selling & Marketing | $9M |
| General & Administrative | $42M |
| SG&A Expenses | $50M |
| Other Expenses | -$16.0K |
| Operating Expenses | $53M |
| Cost & Expenses | $81M |
| OPERATING INCOME | -$2M |
| Interest Income | $789.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $440.0K |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $1M |
| EBIT | -$749.0K |
| EBITDA | $625.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$23.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$924.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $87M |
| Short-Term Investments | $0 |
| Net Receivables | $48M |
| Inventory | $12M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $151M |
| PP&E (Net) | $10M |
| Goodwill | $21M |
| Intangible Assets | $49M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $858.0K |
| TOTAL NON-CURRENT ASSETS | $81M |
| TOTAL ASSETS | $233M |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $14M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $63M |
| Long-Term Debt | $122M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6.0K |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $164M |
| TOTAL LIABILITIES | $227M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $616M |
| Retained Earnings | -$609M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$905.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $233M |
| Total Debt | $130M |
| Net Debt | $43M |
