| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $94M | $79M | $84M | 18.6% | 11.3% |
| Op. Income | -$3M | -$14M | -$7M | 76.2% | 48.0% |
| Gross Margin | 52.2% | 49.4% | 57.7% | 2.8pp | -5.5pp |
| Net Margin | -4.4% | -12.3% | -3.9% | 7.9pp | -0.5pp |
| EPS (Diluted) | $-0.02 | $-0.06 | $-0.02 | 58.4% | -32.0% |
| Free Cash Flow | $11M | $14M | $7M | -24.1% | 47.9% |
| Item | Amount |
|---|---|
| REVENUE | $94M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $49M |
| R&D Expenses | $17M |
| Selling & Marketing | $21M |
| General & Administrative | $17M |
| SG&A Expenses | $37M |
| Other Expenses | -$2M |
| Operating Expenses | $52M |
| Cost & Expenses | $97M |
| OPERATING INCOME | -$3M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$651.0K |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $789.0K |
| EBIT | -$5M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$130.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | $8.0K |
| NET CASH FROM INVESTING | $28M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $800.0K |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $371M |
| Short-Term Investments | $5M |
| Net Receivables | $48M |
| Inventory | $0 |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $434M |
| PP&E (Net) | $38M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $62M |
| TOTAL ASSETS | $496M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $50M |
| TOTAL CURRENT LIABILITIES | $71M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $43M |
| TOTAL LIABILITIES | $114M |
| Common Stock | $0 |
| Additional Paid-In Capital | $982M |
| Retained Earnings | -$446M |
| Treasury Stock | -$154M |
| Accum. Other Comp. Income | $887.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $382M |
| Minority Interest | $0 |
| TOTAL EQUITY | $382M |
| TOTAL LIABILITIES & EQUITY | $496M |
| Total Debt | $28M |
| Net Debt | -$344M |
