| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $1M | 0.1% | -8.9% |
| Op. Income | -$825.0K | -$473.0K | -$1M | -74.4% | 22.7% |
| Gross Margin | 11.6% | 41.0% | 2.8% | -29.5pp | 8.7pp |
| Net Margin | -42.3% | -24.1% | -60.6% | -18.2pp | 18.3pp |
| EPS (Diluted) | $-0.08 | $-0.04 | $-0.18 | -75.0% | 56.8% |
| Free Cash Flow | $162.0K | $98.0K | -$327.0K | 65.3% | 149.5% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $153.0K |
| R&D Expenses | $217.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $760.0K |
| Other Expenses | $1.0K |
| Operating Expenses | $978.0K |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$825.0K |
| Interest Income | $0 |
| Interest Expense | $36.0K |
| Other Income/Expenses | $263.0K |
| INCOME BEFORE TAX | -$562.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$562.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$560.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$560.0K |
| D&A | $157.0K |
| EBIT | -$526.0K |
| EBITDA | -$369.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$560.0K |
| Depreciation & Amortization | $157.0K |
| Stock-Based Compensation | $31.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $50.0K |
| Change in Working Capital | $527.0K |
| OPERATING CASH FLOW | $205.0K |
| Capital Expenditure | -$43.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$12.0K |
| NET CASH FROM INVESTING | -$55.0K |
| Net Debt Issuance | -$113.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$113.0K |
| FREE CASH FLOW | $162.0K |
| Net Change in Cash | -$3.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $416.0K |
| Inventory | $4M |
| Other Current Assets | $301.0K |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $90.0K |
| Long-Term Investments | $969.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $228.0K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $11M |
| Account Payables | $137.0K |
| Short-Term Debt | $3M |
| Deferred Revenue | $344.0K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $870.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $9M |
| Common Stock | $0 |
| Additional Paid-In Capital | $187M |
| Retained Earnings | -$189M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $48.0K |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $11M |
| Total Debt | $5M |
| Net Debt | $3M |
