| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $13M | $9M | 10.0% | 70.8% |
| Op. Income | -$2M | -$3M | -$7M | 21.1% | 67.4% |
| Gross Margin | 27.5% | 37.6% | -67.5% | -10.1pp | 95.0pp |
| Net Margin | -13.3% | -26.0% | -75.6% | 12.7pp | 62.4pp |
| EPS (Diluted) | $-0.01 | $-0.03 | $-0.06 | 57.6% | 79.9% |
| Free Cash Flow | -$2M | -$6M | -$4M | 67.8% | 47.2% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $4M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$2M |
| Interest Income | $197.6K |
| Interest Expense | $0 |
| Other Income/Expenses | $307.7K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $45.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $166.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $166.0K |
| Stock-Based Compensation | $710.4K |
| Deferred Income Tax | $45.6K |
| Other Non-Cash Items | $25M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$494.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $152.9K |
| NET CASH FROM INVESTING | $145.2K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$266.9K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$370.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $21M |
| Net Receivables | $19M |
| Inventory | $6M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $63M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $123.8K |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $71M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $87.8K |
| Other Current Liabilities | $454.1K |
| TOTAL CURRENT LIABILITIES | $44M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $358.3K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $47M |
| Common Stock | $2M |
| Additional Paid-In Capital | $422M |
| Retained Earnings | -$402M |
| Treasury Stock | -$370.0K |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23M |
| Minority Interest | $0 |
| TOTAL EQUITY | $23M |
| TOTAL LIABILITIES & EQUITY | $71M |
| Total Debt | $2M |
| Net Debt | -$12M |
