| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $837.7K | — | $107.1K | — | 682.2% |
| Op. Income | -$1M | — | -$1M | — | 18.3% |
| Gross Margin | 72.5% | — | 28.5% | — | 44.0pp |
| Net Margin | -121.5% | — | -1176.4% | — | 1054.9pp |
| EPS (Diluted) | $-0.34 | — | $-0.41 | — | 17.1% |
| Free Cash Flow | -$2M | — | -$1M | — | -5.0% |
| Item | Amount |
|---|---|
| REVENUE | $837.7K |
| Cost of Revenue | $230.6K |
| GROSS PROFIT | $607.1K |
| R&D Expenses | $210.5K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$1M |
| Interest Income | $1.3K |
| Interest Expense | $0 |
| Other Income/Expenses | $54.9K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $3.6K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $3.6K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $41 |
| Other Non-Cash Items | -$4.7K |
| Change in Working Capital | -$496.9K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$651 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$673.3K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$674.0K |
| Net Debt Issuance | -$71.9K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $25.1K |
| NET CASH FROM FINANCING | -$205.9K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $641.3K |
| Net Receivables | $519.7K |
| Inventory | $0 |
| Other Current Assets | $20.1K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $83.5K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $201.8K |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.2K |
| TOTAL NON-CURRENT ASSETS | $289.6K |
| TOTAL ASSETS | $4M |
| Account Payables | $0 |
| Short-Term Debt | $816.9K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $276.1K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $332.3K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$17.8K |
| TOTAL NON-CURRENT LIABILITIES | $332.3K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $320.5K |
| Additional Paid-In Capital | $14M |
| Retained Earnings | -$12M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $0 |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $1M |
| Net Debt | -$999.2K |
