| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $6M | $12M | 1.7% | -47.4% |
| Op. Income | -$2M | -$10M | $831.7K | 82.1% | -315.9% |
| Gross Margin | 14.5% | 19.9% | 14.6% | -5.4pp | -0.1pp |
| Net Margin | -60.6% | -152.0% | 0.7% | 91.3pp | -61.3pp |
| EPS (Diluted) | $-0.09 | $-0.21 | $0.00 | 59.0% | -4636.8% |
| Free Cash Flow | -$1M | $203.6K | $4M | -744.1% | -129.3% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $933.6K |
| R&D Expenses | $0 |
| Selling & Marketing | $124.9K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$2M |
| Interest Income | $137.1K |
| Interest Expense | $397.0K |
| Other Income/Expenses | -$390.6K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $2M |
| 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 | $381.0K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $381.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $967.1K |
| Change in Working Capital | -$472.8K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $27.7K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | -$199.8K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$719.6K |
| NET CASH FROM FINANCING | -$546.2K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$88.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $786.3K |
| Short-Term Investments | $6M |
| Net Receivables | $9M |
| Inventory | $2M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $10M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $39M |
| Account Payables | $3M |
| Short-Term Debt | $18M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $35M |
| Long-Term Debt | $14M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $19M |
| TOTAL LIABILITIES | $54M |
| Common Stock | $46.5K |
| Additional Paid-In Capital | $92M |
| Retained Earnings | -$104M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$15M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$15M |
| TOTAL LIABILITIES & EQUITY | $39M |
| Total Debt | $35M |
| Net Debt | $34M |
