| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | — | $10M | — | -3.8% |
| Op. Income | $489.1K | — | $356.5K | — | 37.2% |
| Gross Margin | 33.6% | — | 15.1% | — | 18.5pp |
| Net Margin | 6.6% | — | 14.6% | — | -8.0pp |
| EPS (Diluted) | $0.04 | — | $0.08 | — | -54.5% |
| Free Cash Flow | -$2M | — | -$3M | — | 15.7% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $3M |
| R&D Expenses | $379.4K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $489.1K |
| Interest Income | $243.3K |
| Interest Expense | $195.9K |
| Other Income/Expenses | $227.7K |
| INCOME BEFORE TAX | $716.8K |
| Income Tax Expense | $91.9K |
| Net Income from Continuing Ops | $624.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $624.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $624.9K |
| D&A | $179.8K |
| EBIT | $912.7K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $3M |
| R&D Expenses | $379.4K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $489.1K |
| Interest Income | $243.3K |
| Interest Expense | $195.9K |
| Other Income/Expenses | $227.7K |
| INCOME BEFORE TAX | $716.8K |
| Income Tax Expense | $91.9K |
| Net Income from Continuing Ops | $624.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $624.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $624.9K |
| D&A | $179.8K |
| EBIT | $912.7K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $624.9K |
| Depreciation & Amortization | $179.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $203.2K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $534 |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$213.1K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $641.9K |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $273.8K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$105.6K |
| NET CASH FROM FINANCING | $160.5K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$432.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $649.1K |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $555.7K |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $2.6K |
| Long-Term Investments | $2M |
| Tax Assets | $433.8K |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $24M |
| Account Payables | $209.6K |
| Short-Term Debt | $9M |
| Deferred Revenue | $107.8K |
| Other Current Liabilities | $28.2K |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $995.3K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $11.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $11M |
| Common Stock | $8M |
| Additional Paid-In Capital | $7M |
| Retained Earnings | -$3M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $507.5K |
| Other Equity | $573.8K |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $0 |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $24M |
| Total Debt | $10M |
| Net Debt | $10M |
