| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19M | $16M | $17M | 20.1% | 12.4% |
| Op. Income | $662.1K | -$1M | -$1M | 149.5% | 151.3% |
| Gross Margin | 33.5% | 24.2% | 22.3% | 9.4pp | 11.2pp |
| Net Margin | 1.9% | -9.6% | -7.3% | 11.5pp | 9.2pp |
| EPS (Diluted) | $0.05 | $-0.20 | $-0.17 | 124.2% | 128.4% |
| Free Cash Flow | -$2M | $473.8K | $383.9K | -433.3% | -511.3% |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $164.0K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $20.1K |
| Operating Expenses | $6M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $662.1K |
| Interest Income | $0 |
| Interest Expense | $285.9K |
| Other Income/Expenses | -$288.9K |
| INCOME BEFORE TAX | $373.2K |
| Income Tax Expense | -$287 |
| Net Income from Continuing Ops | $373.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $373.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $373.5K |
| D&A | $221.5K |
| EBIT | $659.1K |
| EBITDA | $880.6K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $164.0K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $20.1K |
| Operating Expenses | $6M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $662.1K |
| Interest Income | $0 |
| Interest Expense | $285.9K |
| Other Income/Expenses | -$288.9K |
| INCOME BEFORE TAX | $373.2K |
| Income Tax Expense | -$287 |
| Net Income from Continuing Ops | $373.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $373.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $373.5K |
| D&A | $221.5K |
| EBIT | $659.1K |
| EBITDA | $880.6K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $373.5K |
| Depreciation & Amortization | $221.5K |
| Stock-Based Compensation | $114.4K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $28.9K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$57.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $32.6K |
| NET CASH FROM INVESTING | -$23.9K |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$25.0K |
| NET CASH FROM FINANCING | $993.5K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$552.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $244.2K |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $19M |
| Other Current Assets | $618.9K |
| TOTAL CURRENT ASSETS | $31M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $514.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $40M |
| Account Payables | $5M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $222.2K |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $20M |
| Common Stock | $15M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $5M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21M |
| Minority Interest | $0 |
| TOTAL EQUITY | $21M |
| TOTAL LIABILITIES & EQUITY | $40M |
| Total Debt | $11M |
| Net Debt | $11M |
