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

SCWorx's revenue and expenses in Q4 2024 are not currently available. However, based on the available data, the company's revenue for the three months ended September 30, 2024, was $759,724, which is a decrease from $906,099 in the same period of 2023. The cost of revenues also decreased to $627,148 from $666,808, primarily due to staffing reductions.

On the other hand, operating expenses were reduced to $526,074 from $1,097,273, mainly attributed to decreases in legal and professional fees, a one-time legal settlement accrual, and stock-based compensation. Despite these reductions, the company reported a net loss of $424,963 for the quarter, compared to a net loss of $858,258 in the prior year.

Overall, SCWorx's revenue and expenses in Q4 2024 showed a decrease in revenue and cost of revenues, along with a significant reduction in operating expenses, resulting in a lower net loss compared to the previous year.