| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $193M | $201M | $168M | -4.0% | 15.2% |
| Op. Income | $3M | -$7M | $20M | 135.4% | -86.9% |
| Gross Margin | 47.2% | 43.9% | 59.2% | 3.4pp | -12.0pp |
| Net Margin | -332.9% | -19.0% | -30.5% | -313.9pp | -302.5pp |
| EPS (Diluted) | $-9.98 | $-0.60 | $-0.80 | -1563.3% | -1147.5% |
| Free Cash Flow | $11M | -$13M | -$24M | 185.7% | 145.2% |
| Item | Amount |
|---|---|
| REVENUE | $193M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $91M |
| R&D Expenses | $42M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $47M |
| Other Expenses | $0 |
| Operating Expenses | $88M |
| Cost & Expenses | $190M |
| OPERATING INCOME | $3M |
| Interest Income | $734.0K |
| Interest Expense | $26M |
| Other Income/Expenses | -$648M |
| INCOME BEFORE TAX | -$646M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$642M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$642M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$642M |
| D&A | $10M |
| EBIT | $3M |
| EBITDA | $13M |
| EPS | -$10 |
| EPS Diluted | -$10 |
| Item | Amount |
|---|---|
| Net Income | -$642M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | $615M |
| Change in Working Capital | $35M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $2.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $129M |
| Short-Term Investments | $15M |
| Net Receivables | $152M |
| Inventory | $145M |
| Other Current Assets | $82M |
| TOTAL CURRENT ASSETS | $534M |
| PP&E (Net) | $177M |
| Goodwill | $541M |
| Intangible Assets | $36M |
| Long-Term Investments | $43M |
| Tax Assets | $18M |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $840M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $45M |
| Short-Term Debt | $0 |
| Deferred Revenue | $48M |
| Other Current Liabilities | $89M |
| TOTAL CURRENT LIABILITIES | $217M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $21M |
| Other Non-Current Liabilities | $49M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $785.0K |
| Additional Paid-In Capital | $485M |
| Retained Earnings | -$234M |
| Treasury Stock | -$557M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$307M |
| Minority Interest | $184.0K |
| TOTAL EQUITY | -$307M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $1.4B |
| Net Debt | $1.3B |
