How did Kodak's revenue and expenses shift in Q4 2024 compared to previous quarters?

**Kodak's revenue and expenses in Q4 2024 showed notable shifts compared to previous quarters.** Here's a detailed analysis: 1. **Revenue Increase**: Kodak's revenue for Q4 2024 was $266 million, up from $275 million in Q4 2023, indicating a decrease of $9 million or 3%. However, product revenues for the fourth quarter ended December 28, 2024, were $12.6 million, compared to $6.8 million for the fourth quarter ended December 30, 2023. This suggests a seasonal fluctuation or a specific product line's performance improvement. 2. **Net Income Improvement**: The net income for Q4 2024 was -$44.11 million, a decrease from the net income of -$43.95 million in Q3 2024. This indicates a deterioration in net income over the previous quarter. |code|Ticker|Name|Date|Net Income YoY|Net Income|market_code| |---|---|---|---|---|---|---| |KOD|KOD.O|Kodiak Sciences|2023 Q4|15.51782875312287|-5.9516E7|185| |KOD|KOD.O|Kodiak Sciences|2024 Q1|39.19327493642272|-4.3039E7|185| |KOD|KOD.O|Kodiak Sciences|2024 Q2|43.73597046939692|-4.5117E7|185| |KOD|KOD.O|Kodiak Sciences|2024 Q3|12.120303157557942|-4.3946E7|185| 3. **Expenses**: There are no available data on Kodak's expenses for Q4 2024. However, the company's focus on increasing operational efficiency and investing in growth initiatives could imply changes in expense allocation rather than a decrease in overall expenses. 4. **Comparative Analysis**: When compared to the full year 2023, the consolidated revenues of Kodak for 2024 decreased by $74 million or 7%, with a gross profit decrease of $7 million or 3%, and a gross profit percentage remaining flat at 19%. The company's net income increased by $27 million or 36%, and operational EBITDA decreased by $19 million or 42%. In summary, Kodak experienced a decline in revenue and a decrease in net income over Q4 2024 compared to the previous quarter, but showed improvement in net income when compared to the full year 2023. The company's focus on strategic initiatives and investments suggests a potential for future growth and operational efficiency.