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

Arteris Networks (AIP) experienced a significant decline in revenue and a substantial increase in operating expenses in Q4 2024 compared to the previous quarter:

1. **Revenue Trend**: The revenue for AIP in Q4 2024 was $52.82 million. This is a notable decrease from the revenue of $68.53 million reported in Q3 2024, indicating a downward trend in the company's earnings during the period.
2. **Expense Trend**: The operating expenses for AIP in Q4 2024 were not provided, but the net income was -$8.2 million. This indicates that the company incurred significant losses during the quarter. In contrast, the net income for Q3 2024 was $1.71 million, showing a sharp decline in profitability.
3. **Segment Analysis**: AIP's revenue by segment includes Licensing, Support and Maintenance, Variable royalties and other, and Variable Royalties. While the exact expense figures for each segment are not provided, the overall trend of declining revenue and increasing expenses suggests that AIP faced significant challenges in its core business segments during Q4 2024.

|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|AIP|AIP.O|Arteris|20240101-2024|Variable royalties and other|4909000|185|
|AIP|AIP.O|Arteris|20240101-2024|Variable royalties and other|3436000|185|
|AIP|AIP.O|Arteris|20240101-2024|Variable royalties and other|2230000|185|
|AIP|AIP.O|Arteris|20240101-2024|Variable royalties and other|1208000|185|
|AIP|AIP.O|Arteris|20240101-2024|Licensing, Support and Maintenance|1.1739E7|185|
|AIP|AIP.O|Arteris|20240101-2024|Variable royalties and other|1208000|185|

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|AIP|AIP.O|Arteris|2023 Q4|-46.098406098406095|-1.0541E7|185|
|AIP|AIP.O|Arteris|2024 Q1|-4.361820199778024|-9403000|185|
|AIP|AIP.O|Arteris|2024 Q2|8.957992362247682|-8344000|185|
|AIP|AIP.O|Arteris|2024 Q3|5.715687477002331|-7687000|185|