| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $83M | $83M | $73M | 0.0% | 13.5% |
| Op. Income | -$2M | -$2M | -$688.5K | 0.0% | -162.1% |
| Gross Margin | 11.3% | 11.3% | 9.4% | 0.0pp | 2.0pp |
| Net Margin | -7.7% | -7.7% | -5.9% | 0.0pp | -1.8pp |
| EPS (Diluted) | $-0.24 | $-0.24 | $-0.16 | 0.0% | -50.0% |
| Free Cash Flow | $6M | $6M | $3M | 0.0% | 93.8% |
| Item | Amount |
|---|---|
| REVENUE | $83M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $9M |
| Other Expenses | $2M |
| Operating Expenses | $11M |
| Cost & Expenses | $84M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $848.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $1M |
| EBIT | $656.0K |
| EBITDA | $2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $193.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$281.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$50.5K |
| NET CASH FROM INVESTING | -$332.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $36M |
| Inventory | $29M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $104M |
| PP&E (Net) | $127M |
| Goodwill | $48M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $183M |
| TOTAL ASSETS | $287M |
| Account Payables | $57M |
| Short-Term Debt | $165M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $245M |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $26M |
| TOTAL LIABILITIES | $271M |
| Common Stock | $27.0K |
| Additional Paid-In Capital | $143M |
| Retained Earnings | -$128M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $7M |
| TOTAL EQUITY | $16M |
| TOTAL LIABILITIES & EQUITY | $287M |
| Total Debt | $179M |
| Net Debt | $162M |
