| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | — | $12M | — | -63.9% |
| Op. Income | -$4M | — | -$3M | — | -17.1% |
| Gross Margin | -51.6% | — | -29.3% | — | -22.3pp |
| Net Margin | -100.3% | — | -42.2% | — | -58.2pp |
| EPS (Diluted) | $-1.68 | — | $-2.00 | — | 16.0% |
| Free Cash Flow | -$2M | — | -$3M | — | 20.5% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $6M |
| GROSS PROFIT | -$2M |
| R&D Expenses | $0 |
| Selling & Marketing | $863.2K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | -$577.1K |
| Operating Expenses | $2M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$4M |
| Interest Income | -$6.2K |
| Interest Expense | $2M |
| Other Income/Expenses | -$362.9K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| 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 | $242.7K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $242.7K |
| Stock-Based Compensation | $97.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $183.8K |
| Change in Working Capital | $805.1K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | $418.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $418.0K |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $134.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $385.1K |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $3M |
| Other Current Assets | $339.1K |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $16M |
| Goodwill | $3M |
| Intangible Assets | $0 |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $22M |
| TOTAL ASSETS | $27M |
| Account Payables | $3M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $459.1K |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $1.9K |
| Additional Paid-In Capital | $36M |
| Retained Earnings | -$24M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$209.7K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $0 |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $27M |
| Total Debt | $11M |
| Net Debt | $11M |
