How did iCAD's revenue and expenses trend in Q4 2024?

**iCAD's Revenue and Expenses Trend in Q4 2024**: 1. **Revenue Growth**: iCAD experienced a notable increase in revenue, with total revenues amounting to $12.53 million in Q4 2024. This represents a significant uptick, indicating a strong financial performance for the period. 2. **Segmental Analysis**: The company's revenue was primarily driven by the Products segment, which generated $12.53 million. This segment outperformed the Service and Supplies segment, which contributed $8.86 million and $7.08 million respectively. The Services segment also had a substantial contribution with $7.08 million, while the Amortization and Depreciation segment reported $0. |code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code| |---|---|---|---|---|---|---| |ICAD|ICAD.O|iCAD|20240101-2024|Amortization and Depreciation|0|186| |ICAD|ICAD.O|iCAD|20240101-2024|Amortization and Depreciation|0|186| |ICAD|ICAD.O|iCAD|20240101-2024|Amortization and Depreciation|0|186| |ICAD|ICAD.O|iCAD|20240101-2024|Amortization and Depreciation|0|186| |ICAD|ICAD.O|iCAD|20240101-2024|Products|3102000|186| |ICAD|ICAD.O|iCAD|20240101-2024|Amortization and Depreciation|0|186| |ICAD|ICAD.O|iCAD|20240101-2024|Service and Supplies|1852000|186| 3. **Operating and Other Expenses**: There was no record of operating expenses in Q4 2024. Additionally, other expenses were also reported as $0. This suggests that during this quarter, iCAD did not incur any operating or other expenses, which is a unique situation and could be due to various factors such as cost control measures, strategic planning, or seasonal factors. 4. **Profitability**: With total revenues exceeding $12.53 million and no operating or other expenses recorded, iCAD's gross profit margin was likely very high, potentially exceeding 100% in Q4 2024, assuming other expenses were zero. However, without information on other income or expenses, a definitive calculation of profit margin cannot be provided. The data indicates that iCAD had a robust revenue quarter with strong performance across its business segments. The absence of operating and other expenses further enhances the company's profitability for the period.