| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $23M | $24M | -6.5% | -13.7% |
| Op. Income | $7M | $9M | $9M | -18.9% | -17.4% |
| Gross Margin | 91.2% | 93.9% | 94.0% | -2.7pp | -2.8pp |
| Net Margin | 2.6% | 0.0% | 7.4% | 2.5pp | -4.9pp |
| EPS (Diluted) | $-0.15 | $-0.16 | $-0.12 | 6.3% | -25.0% |
| Free Cash Flow | $10M | -$3M | $15M | 444.1% | -29.1% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $9M |
| Operating Expenses | $12M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $540.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $540.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $540.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $9M |
| EBIT | $6M |
| EBITDA | $15M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $9M |
| Operating Expenses | $12M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $540.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $540.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $540.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $9M |
| EBIT | $6M |
| EBITDA | $15M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $540.0K |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$837.0K |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$73.0K |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $46M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $65M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.3B |
| Account Payables | $18M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $524M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $76M |
| TOTAL NON-CURRENT LIABILITIES | $600M |
| TOTAL LIABILITIES | $625M |
| Common Stock | $36.0K |
| Additional Paid-In Capital | $854M |
| Retained Earnings | -$175M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $687M |
| Minority Interest | $0 |
| TOTAL EQUITY | $687M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $528M |
| Net Debt | $509M |
