Slide 23
Slide 23 text
World Leader in Accelerated Video Processing | 23
Operations Data
As of
Dec 31, 2024
As of
Dec 31, 2023
Revenue $3,064,000 $2,909,000
Cost of Revenues $240,000 $96,000
Gross Profit $2,824,000 $2,813,000
R&D expenses $2,893,000 $1,824,000
S&M expenses $678,000 $361,000
G&A expenses $2,468,000 $1,506,000
Tax and Finance $138,000 $183,000
Net Loss $3,353,000 $695,000
Balance Sheet Data
As of
Dec 31, 2024
As of
Dec 31, 2023
Cash and cash equivalents $16,483,000 $6,116,000
Total current assets $17,184,000 $6,845,000
Total non-current assets $4,911,000 $4,678,000
Total current liabilities $967,000 $1,021,000
Total non-current liabilities $50,000 $242,000
Total shareholdersʼ equity $21,078,000 $10,260,000
Operations & Balance Sheet Summary