Revenue: $16.93 million in QQ4 2023, YoY +19.33%, QoQ +24.47%. Gross Profit: $2.10 million, Gross Margin ~12.42% (down from prior periods). Operating Income: -$2.43 million, Operating Margin -14.38%. EBITDA: -$2.25 million, EBITDA Margin -13.27%. Net Income: -$2.78 million, Net Margin -16.41%. Earnings per Share (EPS): -$0.14. Cash Flow: Operating cash flow -$2.62 million; Free cash flow -$2.68 million. Balance Sheet: Total assets $82.41 million; Total liabilities $71.69 million; Stockholders’ equity $10.50 million. Cash position collapsed to $1,101 at period end from $9.41 million at the start; net cash burn from operations and investing activities totaled approximately -$9.41 million for the quarter. Leverage: Total debt $61.05 million; Debt/Equity ~2.10; Debt-to-capitalization ~0.68; Current ratio 0.41; Quick ratio 0.18. These metrics indicate a high-leverage, cash-burn profile with limited near-term liquidity.