| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $2M | $0 | 37.3% | — |
| Op. Income | -$1M | -$1M | -$198.8K | -2.3% | -468.8% |
| Gross Margin | -0.8% | 16.9% | — | -17.6pp | — |
| Net Margin | -22.3% | -32.2% | — | 9.9pp | — |
| EPS (Diluted) | $-0.03 | $-0.04 | $0.08 | 4.8% | -140.7% |
| Free Cash Flow | $469.9K | $670.7K | — | -29.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $3M |
| GROSS PROFIT | -$23.8K |
| R&D Expenses | $33.2K |
| Selling & Marketing | $483.1K |
| General & Administrative | $663.3K |
| SG&A Expenses | $1M |
| Other Expenses | -$72.5K |
| Operating Expenses | $1M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$1M |
| Interest Income | $200 |
| Interest Expense | $0 |
| Other Income/Expenses | $428.4K |
| INCOME BEFORE TAX | -$702.5K |
| Income Tax Expense | $3.4K |
| Net Income from Continuing Ops | -$705.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$705.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$705.9K |
| D&A | $0 |
| EBIT | -$702.5K |
| EBITDA | -$702.5K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$705.9K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$30.1K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $469.9K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$41.9K |
| NET CASH FROM INVESTING | -$41.9K |
| Net Debt Issuance | $220.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$295.0K |
| NET CASH FROM FINANCING | -$75.0K |
| FREE CASH FLOW | $469.9K |
| Net Change in Cash | $352.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $599.8K |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $4M |
| Other Current Assets | $150.0K |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $53M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$53M |
| TOTAL NON-CURRENT ASSETS | $127.1K |
| TOTAL ASSETS | $8M |
| Account Payables | $11M |
| Short-Term Debt | $6.3K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $57.8K |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $33.3K |
| TOTAL NON-CURRENT LIABILITIES | $33.3K |
| TOTAL LIABILITIES | $11M |
| Common Stock | $80.0K |
| Additional Paid-In Capital | $64.7K |
| Retained Earnings | -$4M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6.1K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$4M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$4M |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $6.3K |
| Net Debt | -$593.4K |
