| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $7M | $6M | 0.4% | 14.4% |
| Op. Income | -$19M | -$13M | -$18M | -41.3% | -7.0% |
| Gross Margin | -109.1% | -49.8% | -116.5% | -59.3pp | 7.4pp |
| Net Margin | -252.4% | -174.0% | -257.2% | -78.5pp | 4.8pp |
| EPS (Diluted) | $-0.67 | $-0.46 | $-0.60 | -45.7% | -11.7% |
| Free Cash Flow | -$15M | -$16M | -$10M | 4.0% | -45.7% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $15M |
| GROSS PROFIT | -$8M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | -$14M |
| Operating Expenses | $11M |
| Cost & Expenses | $26M |
| OPERATING INCOME | -$19M |
| Interest Income | $676.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $676.0K |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$18M |
| D&A | $47.0K |
| EBIT | -$18M |
| EBITDA | -$18M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$18M |
| Depreciation & Amortization | $47.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $486.0K |
| Change in Working Capital | $833.0K |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$186.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $1.0K |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $53.0K |
| NET CASH FROM FINANCING | $53.0K |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $19M |
| Net Receivables | $6M |
| Inventory | $5M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $61M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $70M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $64.0K |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $202.0K |
| TOTAL NON-CURRENT LIABILITIES | $767.0K |
| TOTAL LIABILITIES | $18M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $385M |
| Retained Earnings | -$333M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $16.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $52M |
| Minority Interest | $0 |
| TOTAL EQUITY | $52M |
| TOTAL LIABILITIES & EQUITY | $70M |
| Total Debt | $833.0K |
| Net Debt | -$28M |
