| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | $15M | — | 33.1% | — |
| Op. Income | -$11M | -$9M | — | -19.3% | — |
| Gross Margin | 31.7% | 41.0% | — | -9.3pp | — |
| Net Margin | -52.5% | -61.8% | — | 9.3pp | — |
| EPS (Diluted) | $-0.93 | $-0.72 | — | -29.2% | — |
| Free Cash Flow | -$3M | -$4M | — | 7.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $6M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $31M |
| OPERATING INCOME | -$11M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $337.0K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $7.0K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $2M |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $2M |
| EBIT | -$11M |
| EBITDA | -$9M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$865.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $91.0K |
| NET CASH FROM FINANCING | $44M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $40M |
