How did Peraso's revenue and expenses shift in Q4 2024?

Peraso's financial performance in Q4 2024 was marked by a significant decline in revenue and a substantial net loss, as evidenced by the following key points: 1. **Revenue Decline**: The company's total revenue for Q4 2024 was $1.83 million, which represents a year-over-year growth rate of -50.68%. This indicates a substantial decrease in sales and revenue generation during the period. 2. **Net Loss**: Peraso reported a net loss of $1.56 million for Q4 2024. This is a stark contrast to the previous quarter's net income, suggesting a severe deterioration in profitability. 3. **Segment Analysis**: The revenue decline was primarily due to the Royalty and Other segment, which generated 10.6 million in revenue, but this segment's revenue decreased by 81.82%. This segment's performance had a significant impact on the company's overall revenue. In summary, Peraso experienced a sharp decline in revenue and a significant net loss in Q4 2024, primarily driven by the performance of its Royalty and Other segment.