| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $4M | $10M | -61.1% | -85.5% |
| Op. Income | -$4M | -$3M | $2M | -26.3% | -326.3% |
| Gross Margin | -88.0% | 15.6% | 36.1% | -103.6pp | -124.1pp |
| Net Margin | -301.2% | -95.1% | 13.9% | -206.1pp | -315.1pp |
| EPS (Diluted) | $-0.40 | $-0.33 | $0.23 | -21.2% | -273.9% |
| Free Cash Flow | -$5M | -$7M | -$2M | 35.9% | -121.7% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $3M |
| GROSS PROFIT | -$1M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $8.6K |
| Operating Expenses | $3M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$4M |
| Interest Income | $95.2K |
| Interest Expense | $221.2K |
| Other Income/Expenses | -$126.1K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | -$72.0K |
| 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 | $624.8K |
| EBIT | -$4M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $624.8K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$679.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $460.1K |
| Inventory | $20M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $25M |
| PP&E (Net) | $28M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $30M |
| TOTAL ASSETS | $55M |
| Account Payables | $1M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $150.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $15M |
| TOTAL LIABILITIES | $23M |
| Common Stock | $11.3K |
| Additional Paid-In Capital | $94M |
| Retained Earnings | -$62M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $32M |
| Minority Interest | $0 |
| TOTAL EQUITY | $32M |
| TOTAL LIABILITIES & EQUITY | $55M |
| Total Debt | $20M |
| Net Debt | $17M |
