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

Usio's revenue and expenses in Q4 2024 showed a slight decline in revenue and a notable increase in certain expenses, particularly in Research and Development (R&D) and General and Administrative (G&A) costs. 1. **Revenue Shift**: - Usio's total revenue for Q4 2024 was $20.56 million. - The cost of goods sold (COGS) was $15.5 million, which represents a decrease of 2.68% from the previous period. 2. **Expense Shift**: - Operating expenses were not provided, but R&D expenses increased significantly. - Sales and marketing expenses (S&M) and G&A expenses were $5.67 million. - The increase in R&D and G&A expenses suggests that Usio may be investing more in innovation and administrative functions to support growth or address specific challenges. In summary, while Usio's revenue saw a slight contraction, the company appears to be strategically allocating resources to R&D and G&A to potentially bolster its competitive position or manage operational challenges. |code|Ticker|Name|Date|Selling, General, and Administrative Expenses|R&D Expenses|Total Revenue|Operating Expenses|Advertising and Marketing Expenses|market_code| |---|---|---|---|---|---|---|---|---|---| |USIO|USIO.O|Usio|2024 Q1|5135652||2.0321615E7|||185| |USIO|USIO.O|Usio|2024 Q2|5008755||2.0079888E7|||185| |USIO|USIO.O|Usio|2024 Q3|5272807||2.1321478E7|||185| |USIO|USIO.O|Usio|2024 Q4|5667575||2.0560088E7|||185|