| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $7M | $2M | 21.1% | 375.4% |
| Op. Income | -$7M | -$16M | -$20M | 53.6% | 63.6% |
| Gross Margin | 90.1% | 100.0% | 98.6% | -9.9pp | -8.6pp |
| Net Margin | -45.5% | -239.6% | -1097.1% | 194.1pp | 1051.5pp |
| EPS (Diluted) | $-0.45 | $-1.59 | $-1.87 | 71.7% | 75.9% |
| Free Cash Flow | -$3M | -$9M | -$4M | 66.6% | 26.3% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $864.0K |
| GROSS PROFIT | $8M |
| R&D Expenses | $864.0K |
| Selling & Marketing | $31M |
| General & Administrative | $4M |
| SG&A Expenses | $34M |
| Other Expenses | -$20M |
| Operating Expenses | $15M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | -$6M |
| 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 | -$5M |
| D&A | $208.0K |
| EBIT | -$27M |
| EBITDA | -$26M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $208.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $685.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$3.0K |
| Acquisitions (Net) | -$20M |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$785.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $102M |
| Short-Term Investments | $4M |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $126M |
| PP&E (Net) | $351.0K |
| Goodwill | $0 |
| Intangible Assets | $26M |
| Long-Term Investments | $64M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $96M |
| TOTAL ASSETS | $221M |
| Account Payables | $1M |
| Short-Term Debt | $11M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $107M |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $115M |
| TOTAL LIABILITIES | $139M |
| Common Stock | $90.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $73.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $82M |
| Minority Interest | $0 |
| TOTAL EQUITY | $82M |
| TOTAL LIABILITIES & EQUITY | $221M |
| Total Debt | $119M |
| Net Debt | $18M |
