| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | — | $38M | — | -41.0% |
| Op. Income | -$644.6K | — | -$215.2K | — | -199.6% |
| Gross Margin | 0.5% | — | 1.6% | — | -1.1pp |
| Net Margin | -2.4% | — | 0.1% | — | -2.5pp |
| EPS (Diluted) | $-0.16 | — | $0.01 | — | -1918.2% |
| Free Cash Flow | $94.0K | — | -$172.0K | — | 154.6% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $115.5K |
| R&D Expenses | $0 |
| Selling & Marketing | $380.1K |
| General & Administrative | $380.1K |
| SG&A Expenses | $760.1K |
| Other Expenses | $0 |
| Operating Expenses | $760.1K |
| Cost & Expenses | $23M |
| OPERATING INCOME | -$644.6K |
| Interest Income | $256.4K |
| Interest Expense | $7.3K |
| Other Income/Expenses | $240.9K |
| INCOME BEFORE TAX | -$403.8K |
| Income Tax Expense | $127.9K |
| Net Income from Continuing Ops | -$531.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$531.7K |
| Net Income Deductions | -$265.9K |
| BOTTOM LINE NET INCOME | -$265.9K |
| D&A | $10.4K |
| EBIT | -$396.5K |
| EBITDA | -$386.1K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$531.7K |
| Depreciation & Amortization | $10.4K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $154 |
| Other Non-Cash Items | $128.7K |
| Change in Working Capital | $487.1K |
| OPERATING CASH FLOW | $94.6K |
| Capital Expenditure | -$329 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $281.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | $94.0K |
| Net Change in Cash | -$300.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $396.3K |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $17M |
| PP&E (Net) | $25.5K |
| Goodwill | $0 |
| Intangible Assets | $5.7K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $23.7K |
| TOTAL NON-CURRENT ASSETS | $55.0K |
| TOTAL ASSETS | $17M |
| Account Payables | $718.1K |
| Short-Term Debt | $701.6K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $565.2K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $154 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $7.7K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $2.7K |
| Additional Paid-In Capital | $15M |
| Retained Earnings | -$1M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $526.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14M |
| Minority Interest | $0 |
| TOTAL EQUITY | $14M |
| TOTAL LIABILITIES & EQUITY | $17M |
| Total Debt | $716.5K |
| Net Debt | -$4M |
