| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $14M | $12M | -40.0% | -29.2% |
| Op. Income | -$3M | $24.0K | -$2M | -11616.7% | -43.7% |
| Gross Margin | 40.7% | 44.7% | 34.7% | -4.1pp | 6.0pp |
| Net Margin | -42.5% | -1.4% | -34.3% | -41.0pp | -8.2pp |
| EPS (Diluted) | $-1.11 | $-0.01 | $-23.72 | -12233.3% | 95.3% |
| Free Cash Flow | -$5M | $2M | -$1M | -373.8% | -282.1% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $3M |
| R&D Expenses | $805.0K |
| Selling & Marketing | $4M |
| General & Administrative | $2M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $580.0K |
| Other Income/Expenses | -$862.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | -$45M |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $3.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $3.0K |
| Stock-Based Compensation | $334.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $546.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$5.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5.0K |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $3M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $14M |
| PP&E (Net) | $21.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $21.0K |
| TOTAL ASSETS | $14M |
| Account Payables | $6M |
| Short-Term Debt | $6M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $318.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $819.0K |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $28M |
| Common Stock | $0 |
| Additional Paid-In Capital | $275M |
| Retained Earnings | -$290M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $329.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$15M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$15M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $12M |
| Net Debt | $7M |
