| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40M | $36M | $44M | 12.3% | -7.5% |
| Op. Income | -$6M | -$3M | -$3M | -139.0% | -76.7% |
| Gross Margin | 23.3% | 30.3% | 27.3% | -7.0pp | -4.0pp |
| Net Margin | -13.2% | -6.7% | -6.7% | -6.5pp | -6.5pp |
| EPS (Diluted) | $-0.05 | $-0.03 | $-0.03 | -91.4% | -105.2% |
| Free Cash Flow | $2M | $7M | $15M | -74.4% | -87.8% |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $548.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $3M |
| Operating Expenses | $16M |
| Cost & Expenses | $47M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | -$163.1K |
| Other Income/Expenses | -$545.7K |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | -$1M |
| 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 | -$6M |
| D&A | $5M |
| EBIT | -$7M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$324.1K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3.8K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$248.8K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $76.2K |
| NET CASH FROM FINANCING | -$946.7K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $906.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $56M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $46M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $132M |
| PP&E (Net) | $9M |
| Goodwill | $91M |
| Intangible Assets | $111M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $59M |
| TOTAL NON-CURRENT ASSETS | $274M |
| TOTAL ASSETS | $403M |
| Account Payables | $16M |
| Short-Term Debt | $273.5K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $31M |
| Long-Term Debt | $11M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $45M |
| Common Stock | $119.2K |
| Additional Paid-In Capital | $431M |
| Retained Earnings | -$70M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $358M |
| Minority Interest | $0 |
| TOTAL EQUITY | $358M |
| TOTAL LIABILITIES & EQUITY | $403M |
| Total Debt | $13M |
| Net Debt | -$42M |
