| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $6M | $9M | 1.8% | -29.7% |
| Op. Income | -$70M | -$7M | -$56M | -857.5% | -24.4% |
| Gross Margin | 61.3% | 56.6% | 26.0% | 4.7pp | 35.3pp |
| Net Margin | -1200.0% | -17.3% | -770.3% | -1182.7pp | -429.7pp |
| EPS (Diluted) | $-93.51 | $-1.31 | $-93.51 | -7042.9% | 0.0% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $4M |
| R&D Expenses | $639.0K |
| Selling & Marketing | $7M |
| General & Administrative | $22M |
| SG&A Expenses | $29M |
| Other Expenses | $44M |
| Operating Expenses | $74M |
| Cost & Expenses | $77M |
| OPERATING INCOME | -$70M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$697.1K |
| INCOME BEFORE TAX | -$71M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | -$78M |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | -$79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$79M |
| D&A | $1M |
| EBIT | -$82M |
| EBITDA | -$81M |
| EPS | -$94 |
| EPS Diluted | -$94 |
| Item | Amount |
|---|---|
| Net Income | -$79M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $76M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $1M |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $64M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $341.2K |
| Long-Term Investments | $29M |
| Tax Assets | $0 |
| Other Non-Current Assets | $299.1K |
| TOTAL NON-CURRENT ASSETS | $31M |
| TOTAL ASSETS | $95M |
| Account Payables | $15M |
| Short-Term Debt | $148M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $197M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $205M |
| Common Stock | $27M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$1.2B |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $4M |
| TOTAL STOCKHOLDERS' EQUITY | -$110M |
| Minority Interest | $46.9K |
| TOTAL EQUITY | -$110M |
| TOTAL LIABILITIES & EQUITY | $95M |
| Total Debt | $156M |
| Net Debt | $138M |
