| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29M | $31M | $36M | -8.9% | -20.6% |
| Op. Income | -$1M | -$467.0K | $3M | -162.7% | -145.8% |
| Gross Margin | 9.9% | 12.2% | 18.9% | -2.4pp | -9.1pp |
| Net Margin | -5.2% | -2.4% | 12.1% | -2.8pp | -17.2pp |
| EPS (Diluted) | $-0.54 | $-0.27 | $1.51 | -100.0% | -135.8% |
| Free Cash Flow | $503.0K | -$2M | -$575.0K | 132.6% | 187.5% |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $3M |
| R&D Expenses | $298.0K |
| Selling & Marketing | $841.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $304.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $30M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $196.0K |
| Other Income/Expenses | -$196.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $55.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $338.0K |
| EBIT | -$1M |
| EBITDA | -$889.0K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $338.0K |
| Stock-Based Compensation | $127.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$48.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $793.0K |
| Capital Expenditure | -$290.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2.0K |
| NET CASH FROM INVESTING | -$292.0K |
| Net Debt Issuance | -$770.0K |
| Common Stock Repurchased | -$33.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7.0K |
| NET CASH FROM FINANCING | -$796.0K |
| FREE CASH FLOW | $503.0K |
| Net Change in Cash | -$323.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $916.0K |
| Short-Term Investments | $0 |
| Net Receivables | $29M |
| Inventory | $22M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $55M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $174.0K |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $17M |
| TOTAL ASSETS | $72M |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $9M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $284.0K |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $38M |
| Common Stock | $28.0K |
| Additional Paid-In Capital | $17M |
| Retained Earnings | $17M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$977.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $34M |
| Minority Interest | $0 |
| TOTAL EQUITY | $34M |
| TOTAL LIABILITIES & EQUITY | $72M |
| Total Debt | $18M |
| Net Debt | $17M |
