How did Verrica's revenue and expenses shift in Q4 2024 compared to previous quarters?

Verrica's financial performance in Q4 2024 showed significant improvements in revenue and a substantial reduction in net losses compared to the previous quarter, Q3 2024.

1. Revenue Improvement: The total revenue for Verrica in Q4 2024 was $344,000, which is a stark contrast to the -$1.78 million reported in Q3 2024. This indicates a strong recovery in revenue generation during the period.

2. Net Income Improvement: The net income for Verrica in Q4 2024 was -$16.2 million, while in Q3 2024, it was -$22.86 million. This represents a substantial improvement in the company's financial health, with a significant reduction in net losses.

The data suggests that Verrica has not only stabilized its financial position but has also demonstrated a strong recovery in revenue and a significant reduction in net losses in Q4 2024 compared to Q3 2024.