| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $36M | $39M | 1.0% | -6.8% |
| Op. Income | -$12M | -$13M | -$12M | 11.7% | 3.6% |
| Gross Margin | 74.5% | 74.3% | 74.6% | 0.2pp | -0.1pp |
| Net Margin | -24.2% | -31.4% | -25.1% | 7.2pp | 0.9pp |
| EPS (Diluted) | $-0.21 | $-0.27 | $-0.24 | 22.2% | 12.5% |
| Free Cash Flow | $424.0K | $143.0K | -$2M | 196.5% | 121.6% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $27M |
| R&D Expenses | $9M |
| Selling & Marketing | $19M |
| General & Administrative | $11M |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $39M |
| Cost & Expenses | $48M |
| OPERATING INCOME | -$12M |
| Interest Income | $1M |
| Interest Expense | $7.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | -$456.0K |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $1M |
| EBIT | -$9M |
| EBITDA | -$8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $985.0K |
| Capital Expenditure | -$561.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$44M |
| Sales/Maturities of Investments | $54M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $651.0K |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $424.0K |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $168M |
| Net Receivables | $29M |
| Inventory | $0 |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $228M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $660.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $251M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $67M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $88M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $92M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $507M |
| Retained Earnings | -$348M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$111.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $159M |
| Minority Interest | $0 |
| TOTAL EQUITY | $159M |
| TOTAL LIABILITIES & EQUITY | $251M |
| Total Debt | $3M |
| Net Debt | -$12M |
