| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | — | $1M | — | 40.8% |
| Op. Income | -$6M | — | -$7M | — | 16.9% |
| Gross Margin | 38.1% | — | 32.0% | — | 6.0pp |
| Net Margin | -392.4% | — | -961.7% | — | 569.3pp |
| EPS (Diluted) | $-0.91 | — | $-1.59 | — | 42.8% |
| Free Cash Flow | -$4M | — | -$7M | — | 48.5% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $902.9K |
| GROSS PROFIT | $554.7K |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$6M |
| Interest Income | $293.4K |
| Interest Expense | $0 |
| Other Income/Expenses | $333.7K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | -$29.9K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $405.4K |
| EBIT | -$6M |
| EBITDA | -$5M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $405.4K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $687.8K |
| Change in Working Capital | $955.1K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$92.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$200.6K |
| NET CASH FROM FINANCING | -$200.1K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $17M |
| Net Receivables | $1M |
| Inventory | $6M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $36M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $39M |
| Account Payables | $647.4K |
| Short-Term Debt | $274.2K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $547.3K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $307.4K |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$262.4K |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $11M |
| Common Stock | $548 |
| Additional Paid-In Capital | $69M |
| Retained Earnings | -$46M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27M |
| Minority Interest | $0 |
| TOTAL EQUITY | $27M |
| TOTAL LIABILITIES & EQUITY | $142M |
| Total Debt | $888.9K |
| Net Debt | -$10M |
