| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $4M | -8.5% | -31.7% |
| Op. Income | -$22M | -$16M | -$27M | -44.5% | 17.7% |
| Gross Margin | 54.2% | 44.9% | -2.1% | 9.3pp | 56.3pp |
| Net Margin | -856.2% | -503.6% | -723.0% | -352.6pp | -133.2pp |
| EPS (Diluted) | $-9.77 | $-0.23 | $-6178.26 | -4147.8% | 99.8% |
| Free Cash Flow | -$15M | -$19M | -$23M | 22.2% | 35.8% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $1M |
| R&D Expenses | $8M |
| Selling & Marketing | $12M |
| General & Administrative | $3M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $25M |
| OPERATING INCOME | -$22M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $372.0K |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $496.0K |
| EBIT | -$22M |
| EBITDA | -$22M |
| EPS | -$10 |
| EPS Diluted | -$10 |
| Item | Amount |
|---|---|
| Net Income | -$22M |
| Depreciation & Amortization | $496.0K |
| Stock-Based Compensation | $894.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$328.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$3.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3.0K |
| Net Debt Issuance | -$705.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $338.9K |
| NET CASH FROM FINANCING | $85M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | $71M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $99M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $8M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $119M |
| PP&E (Net) | $43M |
| Goodwill | $0 |
| Intangible Assets | $120.0K |
| Long-Term Investments | $904.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $47.0K |
| TOTAL NON-CURRENT ASSETS | $44M |
| TOTAL ASSETS | $163M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $23M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $871M |
| Retained Earnings | -$731M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$255.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $140M |
| Minority Interest | $0 |
| TOTAL EQUITY | $140M |
| TOTAL LIABILITIES & EQUITY | $163M |
| Total Debt | $5M |
| Net Debt | -$93M |
