| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $837.1K | -17.1% | 81.7% |
| Op. Income | $1M | $373.9K | $2M | 251.3% | -34.9% |
| Gross Margin | 78.5% | 27.0% | 73.7% | 51.5pp | 4.8pp |
| Net Margin | -29.4% | -0.4% | -542.5% | -29.1pp | 513.0pp |
| EPS (Diluted) | $-0.19 | $-0.00 | $-1.92 | -6451.7% | 90.1% |
| Free Cash Flow | -$104.7K | -$235.1K | -$3M | 55.5% | 96.8% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $327.6K |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $490.6K |
| SG&A Expenses | $490.6K |
| Other Expenses | -$611.2K |
| Operating Expenses | -$120.6K |
| Cost & Expenses | $207.0K |
| OPERATING INCOME | $1M |
| Interest Income | $7.5K |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$392.2K |
| Income Tax Expense | $55.7K |
| Net Income from Continuing Ops | -$447.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$447.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$447.8K |
| D&A | $676.2K |
| EBIT | -$490.0K |
| EBITDA | $186.1K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$447.8K |
| Depreciation & Amortization | $676.2K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $34.8K |
| Change in Working Capital | $930.5K |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $468.2K |
| NET CASH FROM INVESTING | -$830.1K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$104.7K |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $558.7K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $257.8K |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $11M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $990.3K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $990.3K |
| Common Stock | $35.6K |
| Additional Paid-In Capital | $89M |
| Retained Earnings | -$79M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$146.5K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $0 |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $11M |
| Total Debt | $0 |
| Net Debt | -$1M |
