| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $8M | $16M | 6.5% | -44.5% |
| Op. Income | -$13M | -$14M | -$8M | 8.2% | -59.4% |
| Gross Margin | 73.8% | 76.4% | 90.0% | -2.6pp | -16.2pp |
| Net Margin | -121.9% | -141.6% | -33.7% | 19.7pp | -88.2pp |
| EPS (Diluted) | $-0.10 | $-0.11 | $-0.05 | 9.1% | -96.5% |
| Free Cash Flow | -$8M | -$5M | $66.9K | -66.1% | -12010.3% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $6M |
| R&D Expenses | $5M |
| Selling & Marketing | $6M |
| General & Administrative | $7M |
| SG&A Expenses | $14M |
| Other Expenses | $1M |
| Operating Expenses | $19M |
| Cost & Expenses | $22M |
| OPERATING INCOME | -$13M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $2M |
| EBIT | -$13M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$147.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$33M |
| Sales/Maturities of Investments | $31M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $412.0K |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $127M |
| Net Receivables | $5M |
| Inventory | $9M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $172M |
| PP&E (Net) | $30M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $36M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $68M |
| TOTAL ASSETS | $239M |
| Account Payables | $1M |
| Short-Term Debt | $864.0K |
| Deferred Revenue | $5M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $274.0K |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $33M |
| Common Stock | $1M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$217M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $422M |
| TOTAL STOCKHOLDERS' EQUITY | $206M |
| Minority Interest | $0 |
| TOTAL EQUITY | $206M |
| TOTAL LIABILITIES & EQUITY | $239M |
| Total Debt | $18M |
| Net Debt | -$10M |
