| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $28M | $27M | -1.2% | 4.5% |
| Op. Income | $8M | -$9M | -$109M | 193.9% | 107.5% |
| Gross Margin | -1.3% | 3.1% | -2.9% | -4.4pp | 1.6pp |
| Net Margin | 4.5% | -43.1% | -413.6% | 47.6pp | 418.1pp |
| EPS (Diluted) | $0.07 | $-0.94 | $-10.20 | 107.9% | 100.7% |
| Free Cash Flow | -$33M | -$14M | -$15M | -130.8% | -113.9% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $28M |
| GROSS PROFIT | -$351.0K |
| R&D Expenses | $6M |
| Selling & Marketing | $645.0K |
| General & Administrative | -$15M |
| SG&A Expenses | -$14M |
| Other Expenses | $0 |
| Operating Expenses | -$8M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | -$192.0K |
| 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 | $2M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$192.0K |
| Other Non-Cash Items | -$15M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | -$24M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $10M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $856.0K |
| Net Debt Issuance | $43M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $43M |
| FREE CASH FLOW | -$33M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $34M |
| PP&E (Net) | $60M |
| Goodwill | $0 |
| Intangible Assets | $23M |
| Long-Term Investments | $568.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $90M |
| TOTAL ASSETS | $124M |
| Account Payables | $18M |
| Short-Term Debt | $8M |
| Deferred Revenue | $17M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $90M |
| Long-Term Debt | $67M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $75M |
| TOTAL NON-CURRENT LIABILITIES | $154M |
| TOTAL LIABILITIES | $244M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $557M |
| Retained Earnings | -$677M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$120M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$120M |
| TOTAL LIABILITIES & EQUITY | $124M |
| Total Debt | $92M |
| Net Debt | $71M |
