### Key Financial Metrics
- Revenue: $75.62 million (YoY -13.3%, QoQ -9.34%)
- Gross Profit: $40.09 million with a margin of 53.0%, reflecting an improvement of 1.4% from the previous year.
- Operating Loss: $(6.36) million, compared to $(3.2) million in Q3 2023.
- Net Income: $(4.51) million, translating to an EPS of $(0.51).
- Current Ratio: 1.88, indicating a healthy liquidity position.
- Cash and Short-term Investments: $56.16 million, sufficient to manage operational needs amidst a tight cash flow environment.
### Cash Flow and Balance Sheet Analysis
- Net Cash Used in Operating Activities: $(404,000), reflecting continued operational challenges.
- Total Assets: $335.86 million vs. Total Liabilities: $170.83 million, leading to Total Stockholders' Equity of $165.04 million.