| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | — | $3M | — | -26.1% |
| Op. Income | -$2M | — | -$5M | — | 67.8% |
| Gross Margin | 57.7% | — | 48.7% | — | 8.9pp |
| Net Margin | -71.1% | — | -198.5% | — | 127.4pp |
| EPS (Diluted) | $-0.08 | — | $-2.28 | — | 96.6% |
| Free Cash Flow | -$2M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $806.1K |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $12.5K |
| Other Income/Expenses | $55.3K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$193.5K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $311.5K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $291.3K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$23.0K |
| Change in Working Capital | -$780.1K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$189 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$749.4K |
| Net Debt Issuance | -$258.2K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$67.2K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$704.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $403.2K |
| Short-Term Investments | $0 |
| Net Receivables | $931.6K |
| Inventory | $621.4K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $112.8K |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $336.7K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $5M |
| Account Payables | $704.0K |
| Short-Term Debt | $407.8K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $10.4K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $1.6K |
| Additional Paid-In Capital | $13M |
| Retained Earnings | -$11M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $29.4K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $0 |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $5M |
| Total Debt | $485.3K |
| Net Debt | $82.1K |
