| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $9M | $7M | -38.6% | -22.7% |
| Op. Income | -$10M | -$3M | -$15M | -219.1% | 32.5% |
| Gross Margin | 33.6% | 60.9% | 43.4% | -27.4pp | -9.9pp |
| Net Margin | -174.2% | -29.2% | -207.9% | -145.0pp | 33.7pp |
| EPS (Diluted) | $-1.10 | $-0.33 | $-1.68 | -234.8% | 34.8% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $2M |
| R&D Expenses | $2M |
| Selling & Marketing | -$4M |
| General & Administrative | $14M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$10M |
| Interest Income | $423.6K |
| Interest Expense | $0 |
| Other Income/Expenses | $778.2K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $0 |
| EBIT | -$10M |
| EBITDA | -$10M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $18M |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $622.5K |
| TOTAL CURRENT ASSETS | $74M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $354.8K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $80M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $30.8K |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $622.6K |
| TOTAL LIABILITIES | $23M |
| Common Stock | $47.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$1.6B |
| Treasury Stock | -$5.0K |
| Accum. Other Comp. Income | $13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $58M |
| Minority Interest | $0 |
| TOTAL EQUITY | $58M |
| TOTAL LIABILITIES & EQUITY | $80M |
| Total Debt | $2M |
| Net Debt | -$33M |
