| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $826.0K | $2M | $1M | -55.8% | -38.5% |
| Op. Income | -$750.1K | -$3M | -$3M | 76.4% | 72.5% |
| Gross Margin | -90.8% | 2.0% | 24.9% | -92.9pp | -115.7pp |
| Net Margin | -687.1% | -208.8% | -245.9% | -478.3pp | -441.1pp |
| EPS (Diluted) | $-1.16 | $-0.93 | $-3.80 | -24.7% | 69.5% |
| Free Cash Flow | -$8M | -$4M | -$4M | -110.7% | -89.8% |
| Item | Amount |
|---|---|
| REVENUE | $826.0K |
| Cost of Revenue | $2M |
| GROSS PROFIT | -$750.1K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$750.1K |
| Interest Income | $26.7K |
| Interest Expense | $324.2K |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $0 |
| 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 | $677.4K |
| EBIT | -$723.5K |
| EBITDA | -$46.0K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $677.4K |
| Stock-Based Compensation | $53.1K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $87.1K |
| Change in Working Capital | -$679.6K |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $22.5K |
| NET CASH FROM FINANCING | $22M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $255.7K |
| Other Current Assets | $91.0K |
| TOTAL CURRENT ASSETS | $22M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $398.1K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $81.4K |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $38M |
| Account Payables | $3M |
| Short-Term Debt | $10M |
| Deferred Revenue | $63.1K |
| Other Current Liabilities | $450.6K |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $14M |
| Common Stock | $1.6K |
| Additional Paid-In Capital | $84M |
| Retained Earnings | -$60M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24M |
| Minority Interest | $0 |
| TOTAL EQUITY | $24M |
| TOTAL LIABILITIES & EQUITY | $38M |
| Total Debt | $10M |
| Net Debt | -$6M |
