| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $47M | — | $76M | — | -37.4% |
| Op. Income | -$4M | — | -$4M | — | 4.0% |
| Gross Margin | 0.9% | — | 3.5% | — | -2.6pp |
| Net Margin | -9.0% | — | -5.8% | — | -3.2pp |
| EPS (Diluted) | $-1.95 | — | $-2.04 | — | 4.4% |
| Free Cash Flow | $722.8K | — | -$4M | — | 120.2% |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $410.6K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $51M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $5.7K |
| Other Income/Expenses | -$76.2K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $28.0K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $1M |
| EBIT | -$4M |
| EBITDA | -$3M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $30.6K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $831.2K |
| Capital Expenditure | -$108.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$112.5K |
| Net Debt Issuance | $306.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $306.1K |
| FREE CASH FLOW | $722.8K |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $8M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $511.7K |
| Long-Term Investments | $4M |
| Tax Assets | $477.5K |
| Other Non-Current Assets | $882.6K |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $26M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| 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 | $2M |
| TOTAL LIABILITIES | $9M |
| Common Stock | $3.5K |
| Additional Paid-In Capital | $53M |
| Retained Earnings | -$34M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17M |
| Minority Interest | -$1.1K |
| TOTAL EQUITY | $17M |
| TOTAL LIABILITIES & EQUITY | $26M |
| Total Debt | $2M |
| Net Debt | $37.6K |
