| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | $35M | — | -3.7% | — |
| Op. Income | -$15M | -$12M | — | -25.7% | — |
| Gross Margin | 61.9% | 55.8% | — | 6.1pp | — |
| Net Margin | -34.1% | -23.6% | — | -10.5pp | — |
| EPS (Diluted) | $-0.30 | $-0.22 | — | -36.4% | — |
| Free Cash Flow | -$5M | -$7M | — | 28.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $21M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $29M |
| SG&A Expenses | $29M |
| Other Expenses | -$1M |
| Operating Expenses | $36M |
| Cost & Expenses | $49M |
| OPERATING INCOME | -$15M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | -$8.0K |
| NET INCOME | -$12M |
| D&A | $4M |
| EBIT | -$15M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$412.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$25M |
| Sales/Maturities of Investments | $57M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $32M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$26.0K |
| NET CASH FROM FINANCING | $41.0K |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $57M |
| Short-Term Investments | $232M |
| Net Receivables | $32M |
| Inventory | $33M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $364M |
| PP&E (Net) | $33M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $43M |
| TOTAL ASSETS | $407M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $9M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $42M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $800.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $34M |
| TOTAL LIABILITIES | $76M |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $803M |
| Retained Earnings | -$470M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $330M |
| Minority Interest | $0 |
| TOTAL EQUITY | $330M |
| TOTAL LIABILITIES & EQUITY | $407M |
| Total Debt | $37M |
| Net Debt | -$19M |
