| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $7M | -9.2% | -69.0% |
| Op. Income | -$852.0K | -$1M | -$479.0K | 27.0% | -77.9% |
| Gross Margin | 11.7% | 29.9% | 21.7% | -18.2pp | -10.0pp |
| Net Margin | -61.6% | -51.8% | -23.8% | -9.8pp | -37.8pp |
| EPS (Diluted) | $-3553.89 | $-3293.20 | $-5821.61 | -7.9% | 39.0% |
| Free Cash Flow | -$811.0K | $715.0K | $670.0K | -213.4% | -221.0% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $256.0K |
| R&D Expenses | -$80.0K |
| Selling & Marketing | $395.0K |
| General & Administrative | $793.0K |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$852.0K |
| Interest Income | $0 |
| Interest Expense | $853.0K |
| Other Income/Expenses | -$492.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $4.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $0 |
| EBIT | -$852.0K |
| EBITDA | -$852.0K |
| EPS | -$3.6K |
| EPS Diluted | -$3.6K |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | -$145.0K |
| Stock-Based Compensation | -$19.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $602.0K |
| Change in Working Capital | $99.0K |
| OPERATING CASH FLOW | -$811.0K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $803.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $803.0K |
| FREE CASH FLOW | -$811.0K |
| Net Change in Cash | -$8.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20.0K |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $322.0K |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $12.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $497.0K |
| TOTAL NON-CURRENT ASSETS | $509.0K |
| TOTAL ASSETS | $2M |
| Account Payables | $3M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $7M |
| Common Stock | $0 |
| Additional Paid-In Capital | $21M |
| Retained Earnings | -$34M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$5M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$5M |
| TOTAL LIABILITIES & EQUITY | $2M |
| Total Debt | $3M |
| Net Debt | $3M |
