How did Skillz's revenue and expenses trend in Q4 2024 compared to previous quarters?

**Skillz's revenue and expenses in Q4 2024 showed a decline compared to the previous quarter.**

1. **Revenue Trend**: Skillz's revenue for Q4 2024 was $20.37 million. In the preceding quarter, Q3 2024, the revenue was $24.56 million. This indicates a decrease in revenue from the third to the fourth quarter.
2. **Cost of Goods Sold (COGS) Trend**: The COGS for Q4 2024 was $3.23 million. In Q3 2024, the COGS was $3.37 million. This suggests a reduction in the cost of goods sold from the third to the fourth quarter.
3. **Research and Development (R&D) Expenses Trend**: Skillz's R&D expenses for Q4 2024 were $3.56 million. In Q3 2024, the R&D expenses were $4.74 million. This indicates a decrease in R&D spending from the third to the fourth quarter.

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|SKLZ|SKLZ.N|Skillz|2023 Q4|-33.6405529953917|3.1104E7|169|
|SKLZ|SKLZ.N|Skillz|2024 Q1|-43.14264470630647|2.5235E7|169|
|SKLZ|SKLZ.N|Skillz|2024 Q2|-37.023851018274165|2.5295E7|169|
|SKLZ|SKLZ.N|Skillz|2024 Q3|-32.5665028687512|2.4564E7|169|

|code|Ticker|Name|Date|Cost of Goods Sold|Cost of Goods Sold YoY|market_code|
|---|---|---|---|---|---|---|
|SKLZ|SKLZ.N|Skillz|2023 Q4|3455000|-29.719283970707895|169|
|SKLZ|SKLZ.N|Skillz|2024 Q1|3451000|-24.68354430379747|169|
|SKLZ|SKLZ.N|Skillz|2024 Q2|3346000|-8.32876712328767|169|
|SKLZ|SKLZ.N|Skillz|2024 Q3|3373000|-8.665041971297049|169|

|code|Ticker|Name|Date|R&D Expenses|R&D Expenses YoY|market_code|
|---|---|---|---|---|---|---|
|SKLZ|SKLZ.N|Skillz|2023 Q4|3391000|-54.329966329966325|169|
|SKLZ|SKLZ.N|Skillz|2024 Q1|4624000|-47.93379123972525|169|
|SKLZ|SKLZ.N|Skillz|2024 Q2|4272000|-46.76635514018692|169|
|SKLZ|SKLZ.N|Skillz|2024 Q3|4742000|-39.607743250127356|169|

The decline in revenue and expenses from Q3 to Q4 2024 suggests that Skillz may have faced challenges or made strategic adjustments during this period, which warranted a reduction in spending and revenue.