| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $542.0K | $367.0K | $902.0K | 47.7% | -39.9% |
| Op. Income | -$2M | -$6M | -$3M | 73.0% | 36.4% |
| Gross Margin | 71.6% | 42.8% | 50.7% | 28.8pp | 20.9pp |
| Net Margin | -312.7% | -1700.0% | -257.3% | 1387.3pp | -55.4pp |
| EPS (Diluted) | $-1.26 | $-6.95 | $-6.04 | 81.9% | 79.1% |
| Free Cash Flow | -$1M | -$3M | -$3M | 50.8% | 60.3% |
| Item | Amount |
|---|---|
| REVENUE | $542.0K |
| Cost of Revenue | $154.0K |
| GROSS PROFIT | $388.0K |
| R&D Expenses | $709.0K |
| Selling & Marketing | $25.0K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $386.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $41.0K |
| Interest Expense | $14.0K |
| Other Income/Expenses | $37.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | -$4.0K |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $225.0K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $225.0K |
| Stock-Based Compensation | $7.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7.0K |
| Change in Working Capital | $332.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$146.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $156.0K |
| NET CASH FROM INVESTING | $10.0K |
| Net Debt Issuance | -$102.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$102.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $196.0K |
| Inventory | $502.0K |
| Other Current Assets | $475.0K |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $32.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $545.0K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $9M |
| Account Payables | $299.0K |
| Short-Term Debt | $32.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $209.0K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $6M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $286M |
| Retained Earnings | -$282M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $9M |
| Total Debt | $4M |
| Net Debt | $427.0K |
