| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $2M | $3M | -20.9% | -48.6% |
| Op. Income | -$690.0K | -$1M | -$2M | 47.2% | 56.6% |
| Gross Margin | 24.2% | 43.0% | 67.3% | -18.8pp | -43.2pp |
| Net Margin | -49.1% | -70.7% | -46.0% | 21.5pp | -3.1pp |
| EPS (Diluted) | $-0.08 | $-1.25 | $-3.20 | 93.7% | 97.5% |
| Free Cash Flow | -$576.0K | -$454.2K | -$1M | -26.8% | 49.6% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $352.0K |
| R&D Expenses | $77.0K |
| Selling & Marketing | -$182.0K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | -$268.0K |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$690.0K |
| Interest Income | $0 |
| Interest Expense | $25.0K |
| Other Income/Expenses | -$25.0K |
| INCOME BEFORE TAX | -$715.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$715.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$715.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$715.0K |
| D&A | $54.0K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$715.0K |
| Depreciation & Amortization | $54.0K |
| Stock-Based Compensation | $84.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$140.0K |
| Change in Working Capital | $148.0K |
| OPERATING CASH FLOW | -$569.0K |
| Capital Expenditure | -$7.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3 |
| NET CASH FROM INVESTING | -$7.0K |
| Net Debt Issuance | -$42.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10.3K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$576.0K |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $957.0K |
| Inventory | $3M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $90.0K |
| Goodwill | $133.0K |
| Intangible Assets | $750.0K |
| Long-Term Investments | $7.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.0K |
| TOTAL NON-CURRENT ASSETS | $987.0K |
| TOTAL ASSETS | $10M |
| Account Payables | $2M |
| Short-Term Debt | $107.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $790.0K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $146.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $154.0K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $72M |
| Retained Earnings | -$64M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$825.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $10M |
| Total Debt | $276.0K |
| Net Debt | -$5M |
