| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $4M | $13M | 225.9% | -8.9% |
| Op. Income | -$15M | -$27M | -$15M | 43.5% | -5.1% |
| Gross Margin | 88.7% | 37.7% | 78.9% | 51.0pp | 9.7pp |
| Net Margin | -296.8% | -899.2% | -114.6% | 602.4pp | -182.1pp |
| EPS (Diluted) | $-0.67 | $-0.69 | $-0.40 | 2.9% | -67.5% |
| Free Cash Flow | -$16M | -$18M | -$16M | 10.4% | -0.1% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $11M |
| R&D Expenses | $10M |
| Selling & Marketing | $15M |
| General & Administrative | $2M |
| SG&A Expenses | $16M |
| Other Expenses | $54.0K |
| Operating Expenses | $26M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$15M |
| Interest Income | -$73.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | -$36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$36M |
| D&A | $2M |
| EBIT | -$18M |
| EBITDA | -$17M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$36M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $12M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$16M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $202.0K |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $83M |
| NET CASH FROM FINANCING | $796.0K |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $36M |
| Net Receivables | $11M |
| Inventory | $2M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $86M |
| PP&E (Net) | $1M |
| Goodwill | $5M |
| Intangible Assets | $69M |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $92M |
| TOTAL ASSETS | $178M |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $34M |
| Long-Term Debt | $60M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $45M |
| TOTAL NON-CURRENT LIABILITIES | $104M |
| TOTAL LIABILITIES | $138M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $555M |
| Retained Earnings | -$505M |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | $631.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $40M |
| Minority Interest | $0 |
| TOTAL EQUITY | $40M |
| TOTAL LIABILITIES & EQUITY | $178M |
| Total Debt | $60M |
| Net Debt | $27M |
