| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $66M | $65M | $57M | 1.4% | 15.6% |
| Op. Income | -$4M | -$2M | -$1M | -44.3% | -228.1% |
| Gross Margin | 76.6% | 78.0% | 79.1% | -1.4pp | -2.5pp |
| Net Margin | -8.3% | -4.0% | -6.0% | -4.3pp | -2.3pp |
| EPS (Diluted) | $-0.07 | $-0.03 | $-0.04 | -108.9% | -52.1% |
| Free Cash Flow | $3M | $9M | $4M | -69.4% | -24.0% |
| Item | Amount |
|---|---|
| REVENUE | $66M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $50M |
| R&D Expenses | $15M |
| Selling & Marketing | $28M |
| General & Administrative | $11M |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $54M |
| Cost & Expenses | $69M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $759.0K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $3M |
| EBIT | -$4M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $771.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$743.0K |
| Acquisitions (Net) | $28.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$649.0K |
| NET CASH FROM INVESTING | -$853.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $64M |
| Short-Term Investments | $0 |
| Net Receivables | $52M |
| Inventory | $222.0K |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $141M |
| PP&E (Net) | $60M |
| Goodwill | $25M |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $102M |
| TOTAL ASSETS | $243M |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $108M |
| Other Current Liabilities | $29.0K |
| TOTAL CURRENT LIABILITIES | $177M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $38M |
| TOTAL LIABILITIES | $215M |
| Common Stock | $227.0K |
| Additional Paid-In Capital | $391M |
| Retained Earnings | -$365M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $388.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $28M |
| Minority Interest | $0 |
| TOTAL EQUITY | $28M |
| TOTAL LIABILITIES & EQUITY | $243M |
| Total Debt | $40M |
| Net Debt | -$24M |
