| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $7M | $11M | -5.9% | -37.0% |
| Op. Income | -$7M | -$5M | -$3M | -33.0% | -170.4% |
| Gross Margin | 40.8% | 52.8% | 49.6% | -12.0pp | -8.8pp |
| Net Margin | -168.9% | -93.2% | -94.0% | -75.7pp | -74.9pp |
| EPS (Diluted) | $0.46 | $-0.15 | $-0.27 | 406.7% | 270.4% |
| Free Cash Flow | $526.0K | -$8M | $3M | 107.0% | -83.7% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $3M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $71.0K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $946.0K |
| EBIT | -$7M |
| EBITDA | -$6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $946.0K |
| Stock-Based Compensation | $383.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $556.0K |
| Capital Expenditure | -$30.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $163.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$43.0K |
| NET CASH FROM FINANCING | -$43.0K |
| FREE CASH FLOW | $526.0K |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $8M |
| Net Receivables | $4M |
| Inventory | $7M |
| Other Current Assets | $151.0K |
| TOTAL CURRENT ASSETS | $26M |
| PP&E (Net) | $4M |
| Goodwill | $13M |
| Intangible Assets | $9M |
| Long-Term Investments | $249.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $54M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $532.0K |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $12M |
| Deferred Revenue NC | $369.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $36M |
| Common Stock | $0 |
| Additional Paid-In Capital | $126M |
| Retained Earnings | -$108M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$335.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18M |
| Minority Interest | $0 |
| TOTAL EQUITY | $18M |
| TOTAL LIABILITIES & EQUITY | $54M |
| Total Debt | $16M |
| Net Debt | $11M |
