| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $21M | $17M | -64.7% | -56.0% |
| Op. Income | -$2M | $5M | $4M | -137.4% | -153.9% |
| Gross Margin | 41.7% | 51.1% | 51.6% | -9.4pp | -9.9pp |
| Net Margin | -19.4% | 28.4% | 24.0% | -47.9pp | -43.5pp |
| EPS (Diluted) | $-0.05 | $0.20 | $0.14 | -124.9% | -136.2% |
| Free Cash Flow | -$3M | -$701.0K | -$1M | -340.4% | -156.8% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $3M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$2M |
| Interest Income | $584.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $582.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $7.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $371.0K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $371.0K |
| Stock-Based Compensation | $584.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$263.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$263.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$20.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $158.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $48M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $38M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $92M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $150.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $84.0K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $102M |
| Account Payables | $5M |
| Short-Term Debt | $428.0K |
| Deferred Revenue | $68.0K |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $41.0K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $289.0K |
| Additional Paid-In Capital | $129M |
| Retained Earnings | -$43M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$144.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $86M |
| Minority Interest | $0 |
| TOTAL EQUITY | $86M |
| TOTAL LIABILITIES & EQUITY | $102M |
| Total Debt | $6M |
| Net Debt | -$41M |
