| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $870.8K | $978.9K | $810.7K | -11.0% | 7.4% |
| Op. Income | -$324.1K | -$173.7K | -$98.5K | -86.6% | -229.0% |
| Gross Margin | 48.3% | 55.5% | 47.4% | -7.1pp | 0.9pp |
| Net Margin | -37.5% | -18.0% | -12.4% | -19.5pp | -25.1pp |
| EPS (Diluted) | $-0.74 | $-0.40 | $-0.25 | -85.0% | -196.0% |
| Free Cash Flow | -$332.8K | -$318.9K | $318.5K | -4.4% | -204.5% |
| Item | Amount |
|---|---|
| REVENUE | $870.8K |
| Cost of Revenue | $449.9K |
| GROSS PROFIT | $420.8K |
| R&D Expenses | $9.3K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $735.6K |
| Other Expenses | $0 |
| Operating Expenses | $744.9K |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$324.1K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$2.4K |
| INCOME BEFORE TAX | -$326.5K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$326.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$326.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$326.5K |
| D&A | $90.7K |
| EBIT | -$326.5K |
| EBITDA | -$235.8K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$326.5K |
| Depreciation & Amortization | $90.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $203.6K |
| Change in Working Capital | -$114.9K |
| OPERATING CASH FLOW | -$147.1K |
| Capital Expenditure | -$185.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$304.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $17M |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | -$332.8K |
| Net Change in Cash | -$9.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $50.7K |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $8.3K |
| TOTAL CURRENT ASSETS | $74.5K |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $2M |
| Account Payables | $7.2K |
| Short-Term Debt | $130.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $6M |
| Common Stock | $158 |
| Additional Paid-In Capital | $80.4K |
| Retained Earnings | -$5M |
| 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 |
