| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | — | $6M | — | 388.0% |
| Op. Income | -$4M | — | -$3M | — | -56.8% |
| Gross Margin | 100.0% | — | 6.6% | — | 93.4pp |
| Net Margin | -62.1% | — | -60.2% | — | -1.9pp |
| EPS (Diluted) | $0.06 | — | $-1.89 | — | 103.2% |
| Free Cash Flow | -$9M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $27M |
| Operating Expenses | $32M |
| Cost & Expenses | $32M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $85.6K |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $258.3K |
| BOTTOM LINE NET INCOME | -$18M |
| D&A | $1M |
| EBIT | -$12M |
| EBITDA | -$11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$825.1K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | $659.1K |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | $354.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $438.3K |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $126.4K |
| Other Current Assets | $59.7K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $12M |
| Account Payables | $0 |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$247.8K |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $576.1K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $576.1K |
| TOTAL LIABILITIES | $364.0K |
| Common Stock | $258.3K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$62M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $64M |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $0 |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $12M |
| Total Debt | $10M |
| Net Debt | $10M |
