| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $6M | $9M | 0.0% | -34.3% |
| Op. Income | -$2M | -$2M | -$10M | 0.0% | 80.6% |
| Gross Margin | 46.0% | 46.0% | 53.7% | 0.0pp | -7.7pp |
| Net Margin | -31.0% | -31.0% | -102.8% | 0.0pp | 71.8pp |
| EPS (Diluted) | $-0.20 | $-0.20 | $-1.03 | 0.0% | 80.4% |
| Free Cash Flow | -$7M | -$7M | -$4M | 0.0% | -105.0% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $3M |
| R&D Expenses | $938.4K |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $4M |
| Other Expenses | -$558.9K |
| Operating Expenses | $5M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$2M |
| Interest Income | $370.5K |
| Interest Expense | $0 |
| Other Income/Expenses | $196.5K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $3.2K |
| 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 | $895.0K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $895.0K |
| Stock-Based Compensation | $335.3K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$291.1K |
| Change in Working Capital | $253.3K |
| OPERATING CASH FLOW | -$551.9K |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | $74.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$537.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52M |
| Short-Term Investments | $9M |
| Net Receivables | $3M |
| Inventory | $14.3K |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $74M |
| PP&E (Net) | $44M |
| Goodwill | $0 |
| Intangible Assets | $138.7K |
| Long-Term Investments | $12M |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $63M |
| TOTAL ASSETS | $137M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $14M |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $47M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $189.8K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $302.8K |
| TOTAL LIABILITIES | $47M |
| Common Stock | $26.4K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$1.3B |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | $14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $86M |
| Minority Interest | $4M |
| TOTAL EQUITY | $90M |
| TOTAL LIABILITIES & EQUITY | $137M |
| Total Debt | $388.8K |
| Net Debt | -$52M |
