| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $1M | 18.9% | 58.6% |
| Op. Income | -$15M | -$14M | -$20M | -6.6% | 25.9% |
| Gross Margin | -31.2% | -60.9% | -177.7% | 29.7pp | 146.5pp |
| Net Margin | -1688.6% | -846.9% | -1360.7% | -841.8pp | -328.0pp |
| EPS (Diluted) | $-0.27 | $-0.11 | $-0.15 | -145.5% | -80.0% |
| Free Cash Flow | -$12M | -$7M | -$11M | -79.9% | -10.5% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $3M |
| GROSS PROFIT | -$596.0K |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $9M |
| Other Expenses | $1M |
| Operating Expenses | $14M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$15M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | -$32M |
| Income Tax Expense | $35.0K |
| Net Income from Continuing Ops | -$32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$32M |
| D&A | $1M |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$32M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $16M |
| Change in Working Capital | $52.0K |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$256.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$38M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | -$29.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $41M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $86M |
| PP&E (Net) | $35M |
| Goodwill | $17M |
| Intangible Assets | $10M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $76M |
| TOTAL ASSETS | $162M |
| Account Payables | $858.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $288.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $55M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $31M |
| TOTAL NON-CURRENT LIABILITIES | $99M |
| TOTAL LIABILITIES | $112M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $912M |
| Retained Earnings | -$862M |
| Treasury Stock | -$693.0K |
| Accum. Other Comp. Income | $665.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $50M |
| Minority Interest | $0 |
| TOTAL EQUITY | $50M |
| TOTAL LIABILITIES & EQUITY | $162M |
| Total Debt | $71M |
| Net Debt | $32M |
