| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $13M | $14M | 9.2% | -0.8% |
| Op. Income | -$3M | -$5M | -$5M | 27.5% | 34.3% |
| Gross Margin | 62.1% | 55.8% | 59.2% | 6.3pp | 2.9pp |
| Net Margin | -27.5% | -40.2% | -40.5% | 12.7pp | 12.9pp |
| EPS (Diluted) | $-0.20 | $-0.28 | $-0.31 | 28.6% | 35.5% |
| Free Cash Flow | $217.0K | -$2M | $8M | 109.3% | -97.4% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $8M |
| R&D Expenses | $2M |
| Selling & Marketing | $400.0K |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$3M |
| Interest Income | $197.0K |
| Interest Expense | $563.0K |
| Other Income/Expenses | -$366.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $12.0K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $415.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $415.0K |
| Stock-Based Compensation | $433.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $340.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $363.0K |
| Capital Expenditure | -$146.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$146.0K |
| Net Debt Issuance | -$216.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$216.0K |
| FREE CASH FLOW | $217.0K |
| Net Change in Cash | $1.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $859.0K |
| TOTAL CURRENT ASSETS | $36M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $550.0K |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $45M |
| Account Payables | $4M |
| Short-Term Debt | $423.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $20M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $157.0K |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $35M |
| Common Stock | $18.0K |
| Additional Paid-In Capital | $304M |
| Retained Earnings | -$294M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $0 |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $45M |
| Total Debt | $23M |
| Net Debt | $969.0K |
