| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $22M | $47M | 0.0% | -54.2% |
| Op. Income | -$2M | -$2M | -$4M | 0.0% | 38.8% |
| Gross Margin | -2.9% | -2.9% | -4.6% | 0.0pp | 1.8pp |
| Net Margin | -10.7% | -10.7% | -7.6% | 0.0pp | -3.1pp |
| EPS (Diluted) | $-0.06 | $-0.06 | $-0.17 | 0.0% | 62.3% |
| Free Cash Flow | -$12M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $22M |
| GROSS PROFIT | -$617.8K |
| R&D Expenses | $42.1K |
| Selling & Marketing | $296.3K |
| General & Administrative | $921.4K |
| SG&A Expenses | $2M |
| Other Expenses | -$235.3K |
| Operating Expenses | $2M |
| Cost & Expenses | $24M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $99.1K |
| Other Income/Expenses | -$167.1K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $9.9K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $29.4K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $264.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $15.5K |
| Other Non-Cash Items | $312.9K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$15.5K |
| Acquisitions (Net) | $267 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15.3K |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $11.7K |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $15.1K |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $304.9K |
| Long-Term Investments | $3M |
| Tax Assets | $545.5K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $27M |
| Account Payables | $7M |
| Short-Term Debt | $3M |
| Deferred Revenue | $596.2K |
| Other Current Liabilities | $66.1K |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $9.6K |
| Additional Paid-In Capital | $32M |
| Retained Earnings | -$19M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$55.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | -$2M |
| TOTAL EQUITY | $12M |
| TOTAL LIABILITIES & EQUITY | $27M |
| Total Debt | $4M |
| Net Debt | -$2M |
