| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | — | $7M | — | -25.6% |
| Op. Income | -$1M | — | -$2M | — | 46.1% |
| Gross Margin | 3.0% | — | -14.1% | — | 17.1pp |
| Net Margin | -10.2% | — | -22.2% | — | 12.1pp |
| EPS (Diluted) | $-0.23 | — | $-0.76 | — | 69.7% |
| Free Cash Flow | -$2M | — | -$1M | — | -28.6% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $154.1K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$1M |
| Interest Income | $33.1K |
| Interest Expense | $231.5K |
| Other Income/Expenses | -$420.2K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$514.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$514.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$514.9K |
| D&A | $65.8K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$514.9K |
| Depreciation & Amortization | $65.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$674.0K |
| Change in Working Capital | -$329.4K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$134.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $8.6K |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $950.7K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $60.9K |
| Net Receivables | $4M |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $361.5K |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $15M |
| Account Payables | $2M |
| Short-Term Debt | $5M |
| Deferred Revenue | $903.5K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $905.5K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $39.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $949.1K |
| TOTAL LIABILITIES | $12M |
| Common Stock | $3M |
| Additional Paid-In Capital | $4M |
| Retained Earnings | -$6M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $15M |
| Total Debt | $6M |
| Net Debt | $3M |
