| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | $29M | $29M | 17.7% | 14.8% |
| Op. Income | -$2M | -$2M | -$3M | 7.4% | 23.0% |
| Gross Margin | 10.4% | 6.3% | 4.8% | 4.1pp | 5.6pp |
| Net Margin | -21.3% | -7.6% | -6.4% | -13.7pp | -15.0pp |
| EPS (Diluted) | $-1.17 | $-0.37 | $-0.32 | -216.2% | -265.6% |
| Free Cash Flow | $2M | $5M | -$4M | -63.6% | 150.4% |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $4M |
| R&D Expenses | $2M |
| Selling & Marketing | $400.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | -$400.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $36M |
| OPERATING INCOME | -$2M |
| Interest Income | $43.0K |
| Interest Expense | $212.0K |
| Other Income/Expenses | -$875.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $1M |
| EBIT | -$544.0K |
| EBITDA | $616.0K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $179.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$174.0K |
| Common Stock Repurchased | -$2.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$176.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $15M |
| Inventory | $25M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $59M |
| PP&E (Net) | $92M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $719.0K |
| TOTAL NON-CURRENT ASSETS | $93M |
| TOTAL ASSETS | $152M |
| Account Payables | $15M |
| Short-Term Debt | $2M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $9M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $111.0K |
| TOTAL NON-CURRENT LIABILITIES | $55M |
| TOTAL LIABILITIES | $84M |
| Common Stock | $93.0K |
| Additional Paid-In Capital | $34M |
| Retained Earnings | $59M |
| Treasury Stock | -$23M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $68M |
| Minority Interest | $0 |
| TOTAL EQUITY | $68M |
| TOTAL LIABILITIES & EQUITY | $152M |
| Total Debt | $59M |
| Net Debt | $47M |
