Net (loss) income

Improved slightly from –$1,485K in Q4 2023 to –$1,470K in Q4 2024

A minimal improvement of $15K reflects a slight moderation in operating losses compared to the prior year, suggesting marginal gains in cost management or operational adjustments relative to losses incurred in Q4 2023. "

Income from discontinued operations

Turned from –$111K in Q4 2023 to +$1K in Q4 2024

The turnaround to a positive $1K indicates improved results in discontinued operations, possibly due to revised strategies in handling non-core assets that had previously produced a loss of $111K. "

Cash and cash equivalents

Declined sharply from $9,098K in Q4 2023 to $5,493K in Q4 2024 (~40% decrease)

A roughly 40% decline is driven by significant cash outflows from acquisition-related activities, refinancing and operating cash challenges, which contrast with the stronger cash balance in Q4 2023. " "

Intangible assets

Increased approximately 12% from $35,670K in Q4 2023 to $40,049K in Q4 2024

An approximate 12% rise is attributable to new acquisitions that brought identifiable intangible assets onto the balance sheet, reflecting increased investment in customer relationships and trade names relative to the previous period. " "

Right‑of‑use asset

Increased by about 48% QoQ (from $1,615K in Q3 2024 to $2,390K in Q4 2024)

A marked QoQ increase of 48% likely resulted from entering into new or modified lease agreements in Q4 2024, compared to Q3 2024’s lower balance. " "

Shareholders’ equity attributable to common shareholders

Declined about 15% QoQ (from $9,938K in Q3 2024 to $8,413K in Q4 2024)

A 15% reduction is mainly due to the net loss incurred and share repurchases in Q4 2024, which eroded the previous period’s equity base despite any gains from prior periods. " "