| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $7M | $5M | 7.6% | 42.8% |
| Op. Income | -$3M | -$3M | -$3M | 4.2% | 2.9% |
| Gross Margin | 49.6% | 45.5% | 39.5% | 4.1pp | 10.2pp |
| Net Margin | -32.4% | -37.3% | -47.5% | 4.9pp | 15.1pp |
| EPS (Diluted) | $-0.15 | $-0.17 | $-0.16 | 8.6% | 1.9% |
| Free Cash Flow | $0 | $0 | $96.1K | — | -100.0% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $4M |
| R&D Expenses | $168.6K |
| Selling & Marketing | $4M |
| General & Administrative | $3M |
| SG&A Expenses | $7M |
| Other Expenses | -$3.0K |
| Operating Expenses | $7M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$3M |
| Interest Income | $45.3K |
| Interest Expense | $0 |
| Other Income/Expenses | $44.5K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$540.6K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $775 |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $118.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $198.3K |
| Inventory | $0 |
| Other Current Assets | -$146 |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $11M |
| Goodwill | $29M |
| Intangible Assets | $8M |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $59M |
| TOTAL ASSETS | $68M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $42M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $53M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $727.9K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $56M |
| Common Stock | $691.7K |
| Additional Paid-In Capital | $80M |
| Retained Earnings | -$62M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12M |
| Minority Interest | -$9.4K |
| TOTAL EQUITY | $12M |
| TOTAL LIABILITIES & EQUITY | $68M |
| Total Debt | $6M |
| Net Debt | -$176.4K |
