| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $7M | $11M | -37.2% | -56.8% |
| Op. Income | -$1M | $755.6K | $3M | -270.6% | -138.9% |
| Gross Margin | 62.3% | 73.5% | 84.3% | -11.1pp | -21.9pp |
| Net Margin | -34.8% | 7.8% | 32.6% | -42.6pp | -67.4pp |
| EPS (Diluted) | $-0.15 | $0.05 | $0.26 | -387.4% | -158.6% |
| Free Cash Flow | -$2M | $1M | $2M | -218.8% | -192.0% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $729.9K |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$267.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $80.3K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $343.7K |
| EBIT | -$1M |
| EBITDA | -$945.4K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $343.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$97.6K |
| Other Non-Cash Items | $416.6K |
| Change in Working Capital | -$438.4K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$153.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$153.3K |
| Net Debt Issuance | -$62.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$62.3K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $15M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $44M |
| PP&E (Net) | $17M |
| Goodwill | $0 |
| Intangible Assets | $558.7K |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $183.9K |
| TOTAL NON-CURRENT ASSETS | $21M |
| TOTAL ASSETS | $65M |
| Account Payables | $957.4K |
| Short-Term Debt | $230.8K |
| Deferred Revenue | $6M |
| Other Current Liabilities | $830.7K |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $8M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $20M |
| Common Stock | $1.1K |
| Additional Paid-In Capital | $33M |
| Retained Earnings | $13M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $46M |
| Minority Interest | $0 |
| TOTAL EQUITY | $46M |
| TOTAL LIABILITIES & EQUITY | $65M |
| Total Debt | $8M |
| Net Debt | -$10M |
