| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $9M | $11M | 20.3% | 4.9% |
| Op. Income | $774.0K | -$136.5K | -$258.3K | 667.0% | 399.6% |
| Gross Margin | 58.9% | 62.0% | 57.1% | -3.1pp | 1.8pp |
| Net Margin | 4.4% | -3.0% | -2.2% | 7.4pp | 6.5pp |
| EPS (Diluted) | $-0.01 | $-0.17 | $-0.15 | 91.4% | 90.3% |
| Free Cash Flow | -$1M | -$414.6K | -$3M | -247.9% | 49.4% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $7M |
| R&D Expenses | $172.2K |
| Selling & Marketing | $4M |
| General & Administrative | $1M |
| SG&A Expenses | $6M |
| Other Expenses | -$172.2K |
| Operating Expenses | $6M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $774.0K |
| Interest Income | $0 |
| Interest Expense | $265.6K |
| Other Income/Expenses | -$262.1K |
| INCOME BEFORE TAX | $511.9K |
| Income Tax Expense | $21.0K |
| Net Income from Continuing Ops | $490.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $490.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$72.4K |
| D&A | $830.5K |
| EBIT | $777.5K |
| EBITDA | $2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $7M |
| R&D Expenses | $172.2K |
| Selling & Marketing | $4M |
| General & Administrative | $1M |
| SG&A Expenses | $6M |
| Other Expenses | -$172.2K |
| Operating Expenses | $6M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $774.0K |
| Interest Income | $0 |
| Interest Expense | $265.6K |
| Other Income/Expenses | -$262.1K |
| INCOME BEFORE TAX | $511.9K |
| Income Tax Expense | $21.0K |
| Net Income from Continuing Ops | $490.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $490.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$72.4K |
| D&A | $830.5K |
| EBIT | $777.5K |
| EBITDA | $2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $490.9K |
| Depreciation & Amortization | $830.5K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$375.0K |
| Other Non-Cash Items | $149.3K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$364.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$434.6K |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$902.4K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $17.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $320.9K |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $33M |
| Other Current Assets | $519.6K |
| TOTAL CURRENT ASSETS | $37M |
| PP&E (Net) | $72M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $13.8K |
| TOTAL NON-CURRENT ASSETS | $72M |
| TOTAL ASSETS | $109M |
| Account Payables | $2M |
| Short-Term Debt | $5M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $13M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $27M |
| TOTAL LIABILITIES | $40M |
| Common Stock | $9M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $17M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $69M |
| Minority Interest | $0 |
| TOTAL EQUITY | $69M |
| TOTAL LIABILITIES & EQUITY | $109M |
| Total Debt | $30M |
| Net Debt | $29M |
