| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | — | $46M | — | -19.8% |
| Op. Income | -$2M | — | $2M | — | -216.7% |
| Gross Margin | 6.7% | — | 14.3% | — | -7.6pp |
| Net Margin | -1.8% | — | 3.9% | — | -5.7pp |
| EPS (Diluted) | $-0.05 | — | $0.13 | — | -136.0% |
| Free Cash Flow | $15M | — | -$2M | — | 879.0% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $3M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $39M |
| OPERATING INCOME | -$2M |
| Interest Income | $464.3K |
| Interest Expense | $0 |
| Other Income/Expenses | $875.5K |
| INCOME BEFORE TAX | -$996.7K |
| Income Tax Expense | -$323.4K |
| Net Income from Continuing Ops | -$673.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$667.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$667.1K |
| D&A | $357.3K |
| EBIT | -$996.7K |
| EBITDA | -$639.4K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$667.1K |
| Depreciation & Amortization | $357.3K |
| Stock-Based Compensation | $49.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $0 |
| Net Receivables | $27M |
| Inventory | $23M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $77M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $13M |
| Tax Assets | $550.9K |
| Other Non-Current Assets | $138.3K |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $104M |
| Account Payables | $2M |
| Short-Term Debt | $15M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $308.9K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $25M |
| Common Stock | $2.9K |
| Additional Paid-In Capital | $67M |
| Retained Earnings | $8M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $78M |
| Minority Interest | $314.2K |
| TOTAL EQUITY | $78M |
| TOTAL LIABILITIES & EQUITY | $104M |
| Total Debt | $15M |
| Net Debt | -$4M |
