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

In Q4 2024, Profound Medical (PROF) experienced a decline in revenue and an increase in expenses, resulting in a negative net income.

1. Revenue Trend: The total revenue for PROF in Q4 2024 was $3.71 million, with a year-over-year growth rate of 0.84%. This indicates a slight increase in revenue compared to the previous year, but the growth rate is relatively low.
2. Expense Trend: The total expenses for PROF in Q4 2024 were $2.01 million. Without comparative data for previous quarters, we cannot assess the trend of expenses over time. However, the fact that the company reported a negative net income suggests that the expenses may have been higher than the revenue in this period.
3. Net Income: The net income for PROF in Q4 2024 was -$5.33 million. This indicates a significant loss for the company during this quarter, which could be attributed to higher expenses or lower revenue compared to the previous quarter.