| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | — | 0.1% | — |
| Op. Income | -$3M | -$3M | — | -6.5% | — |
| Gross Margin | 1.9% | 0.7% | — | 1.2pp | — |
| Net Margin | -120.0% | -117.3% | — | -2.7pp | — |
| EPS (Diluted) | $-1.02 | $-0.21 | — | -385.7% | — |
| Free Cash Flow | -$2M | -$2M | — | -58.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $48.0K |
| R&D Expenses | $951.0K |
| Selling & Marketing | -$347.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $112.0K |
| Other Income/Expenses | -$254.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $28.0K |
| 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 | $33.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $33.0K |
| Stock-Based Compensation | $244.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $294.0K |
| Change in Working Capital | -$6.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$16.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$16.0K |
| Net Debt Issuance | $85.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$37.0K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $305.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $726.0K |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $103.0K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $105.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $105.0K |
| TOTAL ASSETS | $3M |
| Account Payables | $3M |
| Short-Term Debt | $2M |
| Deferred Revenue | $776.0K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $13M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $20M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $112M |
| Retained Earnings | -$128M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $44.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$17M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$17M |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $15M |
| Net Debt | $14M |
