| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $2M | -1.0% | 25.2% |
| Op. Income | -$15M | -$14M | -$13M | -5.9% | -13.0% |
| Gross Margin | -96.3% | -92.8% | -71.6% | -3.6pp | -24.7pp |
| Net Margin | -468.7% | -450.0% | -427.5% | -18.7pp | -41.2pp |
| EPS (Diluted) | $-0.23 | $-0.23 | $-0.18 | 0.0% | -27.8% |
| Free Cash Flow | -$12M | -$9M | -$12M | -30.5% | 7.1% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $6M |
| GROSS PROFIT | -$3M |
| R&D Expenses | $5M |
| Selling & Marketing | -$868.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $125.0K |
| Operating Expenses | $12M |
| Cost & Expenses | $18M |
| OPERATING INCOME | -$15M |
| Interest Income | $820.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $820.0K |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | -$94.0K |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $3M |
| EBIT | -$14M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$95.1K |
| Other Non-Cash Items | -$460.7K |
| Change in Working Capital | -$266.2K |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$26M |
| Sales/Maturities of Investments | $249.0K |
| Other Investing Activities | $52.4K |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4.0K |
| NET CASH FROM FINANCING | $38M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $34M |
| Net Receivables | $2M |
| Inventory | $1M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $79M |
| PP&E (Net) | $49M |
| Goodwill | $0 |
| Intangible Assets | $70M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $131M |
| TOTAL ASSETS | $210M |
| Account Payables | $2M |
| Short-Term Debt | $3M |
| Deferred Revenue | $140.0K |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $695.0K |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $21M |
| Common Stock | $181.0K |
| Additional Paid-In Capital | $563M |
| Retained Earnings | -$374M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $189M |
| Minority Interest | $0 |
| TOTAL EQUITY | $189M |
| TOTAL LIABILITIES & EQUITY | $210M |
| Total Debt | $7M |
| Net Debt | -$32M |
