| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $15M | $13M | 4.7% | 18.1% |
| Op. Income | -$12M | -$3M | -$3M | -350.1% | -230.0% |
| Gross Margin | 30.8% | 35.0% | 30.6% | -4.3pp | 0.2pp |
| Net Margin | -106.9% | -31.4% | -41.0% | -75.5pp | -66.0pp |
| EPS (Diluted) | $-1.20 | $-0.46 | $-0.72 | -160.9% | -66.7% |
| Free Cash Flow | $615.0K | -$6M | -$2M | 109.7% | 133.1% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $5M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $8M |
| Other Expenses | $7M |
| Operating Expenses | $16M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$12M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | $585.0K |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | -$573.0K |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $424.0K |
| EBIT | -$10M |
| EBITDA | -$10M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $424.0K |
| Stock-Based Compensation | $140.0K |
| Deferred Income Tax | $585.0K |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$1.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$74.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $615.0K |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $15M |
| Inventory | $19M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $41M |
| PP&E (Net) | $5M |
| Goodwill | $14M |
| Intangible Assets | $38M |
| Long-Term Investments | $2M |
| Tax Assets | $4M |
| Other Non-Current Assets | $194.0K |
| TOTAL NON-CURRENT ASSETS | $62M |
| TOTAL ASSETS | $103M |
| Account Payables | $7M |
| Short-Term Debt | $210.0K |
| Deferred Revenue | $197.0K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $32M |
| Long-Term Debt | $88M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $106M |
| TOTAL LIABILITIES | $138M |
| Common Stock | $4M |
| Additional Paid-In Capital | $63M |
| Retained Earnings | -$79M |
| Treasury Stock | -$25M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $7M |
| TOTAL STOCKHOLDERS' EQUITY | -$35M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$35M |
| TOTAL LIABILITIES & EQUITY | $103M |
| Total Debt | $101M |
| Net Debt | $96M |
