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.

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|VRCA|VRCA.O|Verrica|2024 Q1|10240.54054054054|3826000|185|
|VRCA|VRCA.O|Verrica|2024 Q2|2744.5054945054944|5177000|185|
|VRCA|VRCA.O|Verrica|2024 Q3|-161.0558793280768|-1781000|185|
|VRCA|VRCA.O|Verrica|2024 Q4|-82.69617706237425|344000|185|

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.

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|VRCA|VRCA.O|Verrica|2024 Q1|-208.55972074669907|-2.0331E7|185|
|VRCA|VRCA.O|Verrica|2024 Q2|-56.37852593266606|-1.7186E7|185|
|VRCA|VRCA.O|Verrica|2024 Q3|7.830013708571889|-2.286E7|185|
|VRCA|VRCA.O|Verrica|2024 Q4|34.17567238157147|-1.6202E7|185|

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.