| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | — | $5M | — | 4.4% |
| Op. Income | -$6M | — | -$3M | — | -111.7% |
| Gross Margin | -28.6% | — | -26.5% | — | -2.2pp |
| Net Margin | -72.7% | — | -49.6% | — | -23.0pp |
| EPS (Diluted) | $0.18 | — | $-18.18 | — | 101.0% |
| Free Cash Flow | -$874.0K | — | -$631.0K | — | -38.5% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $7M |
| GROSS PROFIT | -$2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | -$3M |
| Operating Expenses | $4M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $290.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $3M |
| EBIT | -$4M |
| EBITDA | -$427.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $201.0K |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $171.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$50.0K |
| NET CASH FROM INVESTING | -$954.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$189.0K |
| NET CASH FROM FINANCING | $235.0K |
| FREE CASH FLOW | -$874.0K |
| Net Change in Cash | -$518.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $1M |
| Net Receivables | $1.0K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $100.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $470.0K |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $11M |
| Account Payables | $4M |
| Short-Term Debt | $19M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $25M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $48M |
| Retained Earnings | -$62M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$14M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$14M |
| TOTAL LIABILITIES & EQUITY | $11M |
| Total Debt | $19M |
| Net Debt | $18M |
