| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $6M | $2M | -55.2% | 20.3% |
| Op. Income | -$2M | $976.3K | -$1M | -262.6% | -29.1% |
| Gross Margin | 75.1% | 70.4% | 67.2% | 4.7pp | 7.9pp |
| Net Margin | 216.7% | 288.4% | -69.9% | -71.8pp | 286.6pp |
| EPS (Diluted) | $0.17 | $0.58 | $-0.05 | -70.7% | 424.4% |
| Free Cash Flow | -$251.0K | -$2M | -$2M | 89.8% | 86.0% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $714.3K |
| GROSS PROFIT | $2M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $133.8K |
| Other Income/Expenses | $6.2B |
| INCOME BEFORE TAX | $6.2B |
| Income Tax Expense | $6.2B |
| 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 | $23.8K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $23.8K |
| Stock-Based Compensation | $557.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $872.9K |
| OPERATING CASH FLOW | -$251.0K |
| 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 | $800 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$800.0K |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$251.0K |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $373.5K |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $929.9K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $155.4K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $9M |
| Account Payables | $722.7K |
| Short-Term Debt | $2M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $22M |
| Common Stock | $2.7K |
| Additional Paid-In Capital | $12M |
| Retained Earnings | -$25M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.5K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$13M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$13M |
| TOTAL LIABILITIES & EQUITY | $9M |
| Total Debt | $3M |
| Net Debt | -$4M |
