| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $49M | $89M | $76M | -44.7% | -35.8% |
| Op. Income | -$28M | $6M | $10M | -591.2% | -368.2% |
| Gross Margin | 64.7% | 77.3% | 79.6% | -12.7pp | -15.0pp |
| Net Margin | -69.9% | 11.3% | 10.2% | -81.2pp | -80.1pp |
| EPS (Diluted) | $-0.69 | $0.20 | $0.16 | -445.0% | -531.3% |
| Free Cash Flow | -$5M | $15M | $29M | -133.3% | -117.6% |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $32M |
| R&D Expenses | $12M |
| Selling & Marketing | $26M |
| General & Administrative | $21M |
| SG&A Expenses | $48M |
| Other Expenses | $0 |
| Operating Expenses | $60M |
| Cost & Expenses | $77M |
| OPERATING INCOME | -$28M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$30M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$34M |
| D&A | $2M |
| EBIT | -$28M |
| EBITDA | -$26M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$34M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $26M |
| OPERATING CASH FLOW | $642.0K |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$19M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$41.0K |
| Common Stock Repurchased | -$109.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $40.0K |
| NET CASH FROM FINANCING | -$110.0K |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $144M |
| Short-Term Investments | $86M |
| Net Receivables | $79M |
| Inventory | $43M |
| Other Current Assets | $980.0K |
| TOTAL CURRENT ASSETS | $368M |
| PP&E (Net) | $122M |
| Goodwill | $2M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $788.0K |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $142M |
| TOTAL ASSETS | $510M |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $70M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $297.0K |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $42M |
| TOTAL LIABILITIES | $112M |
| Common Stock | $493.0K |
| Additional Paid-In Capital | $471M |
| Retained Earnings | -$68M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $397M |
| Minority Interest | $0 |
| TOTAL EQUITY | $397M |
| TOTAL LIABILITIES & EQUITY | $510M |
| Total Debt | $39M |
| Net Debt | -$105M |
