| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $9M | $13M | 47.8% | 4.0% |
| Op. Income | $2M | $1M | $6M | 15.5% | -69.1% |
| Gross Margin | 54.4% | 59.3% | 62.3% | -4.9pp | -7.9pp |
| Net Margin | 11.8% | 13.7% | 33.5% | -1.9pp | -21.7pp |
| EPS (Diluted) | $0.09 | $0.07 | $0.26 | 26.5% | -63.8% |
| Free Cash Flow | -$530.0K | $4M | $3M | -114.7% | -119.9% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $7M |
| R&D Expenses | $2M |
| Selling & Marketing | $1M |
| General & Administrative | $2M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $2M |
| Interest Income | $230.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $230.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $410.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $134.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $7M |
| R&D Expenses | $2M |
| Selling & Marketing | $1M |
| General & Administrative | $2M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $2M |
| Interest Income | $230.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $230.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $410.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $134.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $134.0K |
| Stock-Based Compensation | $122.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $174.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$827.0K |
| Capital Expenditure | $297.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $297.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5.0K |
| NET CASH FROM FINANCING | $28.0K |
| FREE CASH FLOW | -$530.0K |
| Net Change in Cash | -$502.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $0 |
| Net Receivables | $20M |
| Inventory | $13M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $57M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $652.0K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $62M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $541.0K |
| Other Current Liabilities | $329.0K |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $55.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $453.0K |
| TOTAL LIABILITIES | $6M |
| Common Stock | $169.0K |
| Additional Paid-In Capital | $46M |
| Retained Earnings | $13M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $56M |
| Minority Interest | $0 |
| TOTAL EQUITY | $56M |
| TOTAL LIABILITIES & EQUITY | $62M |
| Total Debt | $602.0K |
| Net Debt | -$21M |
