| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $62M | $54M | $49M | 15.5% | 26.4% |
| Op. Income | -$24M | -$15M | -$29M | -67.8% | 16.2% |
| Gross Margin | 48.6% | 44.0% | 37.8% | 4.6pp | 10.8pp |
| Net Margin | -69.9% | -20.2% | -76.8% | -49.7pp | 6.9pp |
| EPS (Diluted) | $-0.61 | $-0.15 | $-0.54 | -300.0% | -13.0% |
| Free Cash Flow | $7M | -$31M | -$88M | 121.5% | 107.5% |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $30M |
| R&D Expenses | $30M |
| Selling & Marketing | $19M |
| General & Administrative | $12M |
| SG&A Expenses | $31M |
| Other Expenses | -$7M |
| Operating Expenses | $54M |
| Cost & Expenses | $86M |
| OPERATING INCOME | -$24M |
| Interest Income | $1M |
| Interest Expense | $7M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | -$38M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | -$43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$43M |
| D&A | $356.6K |
| EBIT | -$30M |
| EBITDA | -$30M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$43M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $27M |
| Change in Working Capital | $27M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | -$375.3K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $197M |
| Short-Term Investments | $0 |
| Net Receivables | $41M |
| Inventory | $63M |
| Other Current Assets | $49M |
| TOTAL CURRENT ASSETS | $350M |
| PP&E (Net) | $185M |
| Goodwill | $0 |
| Intangible Assets | $30M |
| Long-Term Investments | $0 |
| Tax Assets | $11M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $235M |
| TOTAL ASSETS | $585M |
| Account Payables | $15M |
| Short-Term Debt | $24M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $52M |
| TOTAL CURRENT LIABILITIES | $134M |
| Long-Term Debt | $195M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $239M |
| TOTAL LIABILITIES | $373M |
| Common Stock | $29M |
| Additional Paid-In Capital | $757M |
| Retained Earnings | -$659M |
| Treasury Stock | -$754.1K |
| Accum. Other Comp. Income | $47M |
| Other Equity | $39M |
| TOTAL STOCKHOLDERS' EQUITY | $212M |
| Minority Interest | $0 |
| TOTAL EQUITY | $212M |
| TOTAL LIABILITIES & EQUITY | $585M |
| Total Debt | $253M |
| Net Debt | $56M |
