| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $96M | $77M | $57M | 24.4% | 66.6% |
| Op. Income | $9M | -$8M | -$26M | 213.2% | 134.3% |
| Gross Margin | 69.2% | 62.2% | 53.6% | 7.0pp | 15.7pp |
| Net Margin | 5.7% | -10.8% | -44.9% | 16.5pp | 50.6pp |
| EPS (Diluted) | $0.20 | $-0.31 | $-0.99 | 164.5% | 120.2% |
| Free Cash Flow | -$6M | -$5M | -$32M | -23.6% | 80.7% |
| Item | Amount |
|---|---|
| REVENUE | $96M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $66M |
| R&D Expenses | $12M |
| Selling & Marketing | $18M |
| General & Administrative | $27M |
| SG&A Expenses | $45M |
| Other Expenses | $785.0K |
| Operating Expenses | $57M |
| Cost & Expenses | $87M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $698.0K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | -$24.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $6M |
| EBIT | $9M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $96M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $66M |
| R&D Expenses | $12M |
| Selling & Marketing | $18M |
| General & Administrative | $27M |
| SG&A Expenses | $45M |
| Other Expenses | $785.0K |
| Operating Expenses | $57M |
| Cost & Expenses | $87M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $698.0K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | -$24.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $6M |
| EBIT | $9M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | -$6M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$24.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$519.0K |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $44M |
| NET CASH FROM FINANCING | $31M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $85M |
| Short-Term Investments | $56M |
| Net Receivables | $38M |
| Inventory | $11M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $198M |
| PP&E (Net) | $59M |
| Goodwill | $0 |
| Intangible Assets | $159M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $221M |
| TOTAL ASSETS | $419M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $30M |
| TOTAL CURRENT LIABILITIES | $55M |
| Long-Term Debt | $52M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $965.0K |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $119M |
| TOTAL LIABILITIES | $174M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $830.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $245M |
| Minority Interest | $0 |
| TOTAL EQUITY | $245M |
| TOTAL LIABILITIES & EQUITY | $419M |
| Total Debt | $116M |
| Net Debt | $31M |
