Revenue Performance: $79,000 reported for Q4 2024, reflecting a loss of revenue year-over-year but a recovery from the previous quarter.
Gross Loss: The company recorded a gross loss of $6,000, translating to a gross profit ratio of -7.59%, indicating inefficiency in converting sales into profit during this quarter.
Net Income: The net loss decreased significantly from the previous annual losses, now recorded at -$1,233,000. This result indicates management's ongoing cost-cutting efforts are beginning to yield some improvements.
Key Ratios:
- Gross Profit Margin: -7.59%
- Operating Income Ratio: -14.47%
- Net Profit Margin: -15.61%
- Current Ratio: 0.185, suggesting liquidity issues.
Cash Flow: Operating cash flow remained negative at -$109,000 with total cash at the end of the period reported at $60,000, indicating limited cash reserves to support operations without further financing.