| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | — | $17M | — | -6.0% |
| Op. Income | -$3M | — | -$1M | — | -128.9% |
| Gross Margin | 13.4% | — | 10.5% | — | 2.9pp |
| Net Margin | -19.3% | — | -10.2% | — | -9.1pp |
| EPS (Diluted) | $-0.12 | — | $-0.09 | — | -32.3% |
| Free Cash Flow | -$444.0K | — | $463.2K | — | -195.9% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $211.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $19M |
| OPERATING INCOME | -$3M |
| Interest Income | $135.0K |
| Interest Expense | $19.0K |
| Other Income/Expenses | -$151.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$21.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $294.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $294.0K |
| Stock-Based Compensation | -$5.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $302.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$476.0K |
| Capital Expenditure | $32.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4.0K |
| NET CASH FROM INVESTING | $28.0K |
| Net Debt Issuance | $22.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $22.0K |
| FREE CASH FLOW | -$444.0K |
| Net Change in Cash | -$400.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $5M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $31M |
| PP&E (Net) | $4M |
| Goodwill | $156.0K |
| Intangible Assets | $524.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $94.0K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $36M |
| Account Payables | $7M |
| Short-Term Debt | $380.0K |
| Deferred Revenue | $89.0K |
| Other Current Liabilities | $144.0K |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $10M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $76M |
| Retained Earnings | -$49M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$66.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27M |
| Minority Interest | $114.0K |
| TOTAL EQUITY | $27M |
| TOTAL LIABILITIES & EQUITY | $36M |
| Total Debt | $2M |
| Net Debt | -$18M |
