| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $10M | $20M | -4.6% | -54.7% |
| Op. Income | -$6M | -$9M | -$4M | 24.8% | -57.2% |
| Gross Margin | 54.6% | 51.2% | 44.7% | 3.4pp | 9.9pp |
| Net Margin | -59.0% | -85.5% | -18.7% | 26.5pp | -40.3pp |
| EPS (Diluted) | $-0.09 | $-0.14 | $-0.07 | 35.7% | -36.8% |
| Free Cash Flow | -$6M | -$9M | -$2M | 33.5% | -144.6% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $5M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $115.0K |
| Operating Expenses | $11M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$6M |
| Interest Income | $156.0K |
| Interest Expense | $15.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $216.0K |
| 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 | $691.0K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $691.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $187.0K |
| Other Non-Cash Items | $736.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$113.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $641.0K |
| NET CASH FROM INVESTING | $528.0K |
| Net Debt Issuance | -$267.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $157.0K |
| NET CASH FROM FINANCING | -$110.0K |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $4M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $35M |
| PP&E (Net) | $10M |
| Goodwill | $18M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $945.0K |
| TOTAL NON-CURRENT ASSETS | $29M |
| TOTAL ASSETS | $64M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $24M |
| Common Stock | $491M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$506M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$11M |
| Minority Interest | $50M |
| TOTAL EQUITY | $40M |
| TOTAL LIABILITIES & EQUITY | $64M |
| Total Debt | $3M |
| Net Debt | -$20M |
