| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $13M | $22M | 16.9% | -28.8% |
| Op. Income | -$4M | -$4M | -$2M | 18.1% | -89.0% |
| Gross Margin | 98.4% | 91.3% | 91.8% | 7.0pp | 6.5pp |
| Net Margin | -31.2% | -47.4% | -16.0% | 16.2pp | -15.2pp |
| EPS (Diluted) | $-0.10 | $-0.13 | $-0.09 | 23.1% | -13.8% |
| Free Cash Flow | -$2M | -$4M | -$2M | 37.2% | -6.2% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $254.0K |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $10M |
| General & Administrative | $4M |
| SG&A Expenses | $15M |
| Other Expenses | $4M |
| Operating Expenses | $19M |
| Cost & Expenses | $19M |
| OPERATING INCOME | -$4M |
| Interest Income | $42.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $82.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $619.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $619.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $543.0K |
| Change in Working Capital | $136.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$567.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$567.0K |
| Net Debt Issuance | -$519.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$519.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $3M |
| Goodwill | $5M |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $52.0K |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $29M |
| Account Payables | $6M |
| Short-Term Debt | $19M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $464.0K |
| TOTAL LIABILITIES | $30M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $179M |
| Retained Earnings | -$179M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$489.0K |
| Minority Interest | $0 |
| TOTAL EQUITY | -$489.0K |
| TOTAL LIABILITIES & EQUITY | $29M |
| Total Debt | $20M |
| Net Debt | $14M |
