| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $235.8K | — | $488.9K | — | -51.8% |
| Op. Income | -$332.8K | — | -$710.4K | — | 53.2% |
| Gross Margin | 62.7% | — | 62.3% | — | 0.4pp |
| Net Margin | -150.0% | — | -136.1% | — | -13.9pp |
| EPS (Diluted) | $-0.90 | — | $-2.26 | — | 60.1% |
| Free Cash Flow | -$86.2K | — | -$756.0K | — | 88.6% |
| Item | Amount |
|---|---|
| REVENUE | $235.8K |
| Cost of Revenue | $88.0K |
| GROSS PROFIT | $147.8K |
| R&D Expenses | $292.6K |
| Selling & Marketing | $24.7K |
| General & Administrative | $170.6K |
| SG&A Expenses | $205.5K |
| Other Expenses | -$17.5K |
| Operating Expenses | $480.6K |
| Cost & Expenses | $568.6K |
| OPERATING INCOME | -$332.8K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$18.9K |
| INCOME BEFORE TAX | -$351.7K |
| Income Tax Expense | $2.1K |
| Net Income from Continuing Ops | -$353.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$353.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$353.8K |
| D&A | $1.7K |
| EBIT | -$332.8K |
| EBITDA | -$331.1K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$353.8K |
| Depreciation & Amortization | $28.6K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $96.9K |
| Change in Working Capital | $142.2K |
| OPERATING CASH FLOW | -$86.2K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $360 |
| NET CASH FROM INVESTING | $360 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $126.5K |
| NET CASH FROM FINANCING | $126.5K |
| FREE CASH FLOW | -$86.2K |
| Net Change in Cash | -$64.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18.4K |
| Short-Term Investments | $0 |
| Net Receivables | $176.6K |
| Inventory | $0 |
| Other Current Assets | $73.7K |
| TOTAL CURRENT ASSETS | $342.3K |
| PP&E (Net) | $127.1K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $488.7K |
| TOTAL NON-CURRENT ASSETS | $615.8K |
| TOTAL ASSETS | $958.1K |
| Account Payables | $31.4K |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $256.1K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $82.7K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $3.1K |
| Additional Paid-In Capital | $12M |
| Retained Earnings | -$15M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $550.6K |
| Other Equity | -$3.1K |
| TOTAL STOCKHOLDERS' EQUITY | -$3M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$3M |
| TOTAL LIABILITIES & EQUITY | $958.1K |
| Total Debt | $2M |
| Net Debt | $1M |
