| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | $17M | $0 | 21.9% | — |
| Op. Income | -$14M | -$23M | -$135.8K | 38.5% | -10414.0% |
| Gross Margin | 59.7% | 40.7% | — | 19.0pp | — |
| Net Margin | -68.9% | -136.2% | — | 67.3pp | — |
| EPS (Diluted) | $-0.09 | $-0.14 | $-0.00 | 38.4% | -7736.4% |
| Free Cash Flow | -$38M | -$11M | $1M | -236.3% | -2793.6% |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $12M |
| R&D Expenses | $3M |
| Selling & Marketing | $17M |
| General & Administrative | $7M |
| SG&A Expenses | $24M |
| Other Expenses | -$862.5K |
| Operating Expenses | $26M |
| Cost & Expenses | $34M |
| OPERATING INCOME | -$14M |
| Interest Income | $754.6K |
| Interest Expense | $452.2K |
| Other Income/Expenses | $302.4K |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | -$80.1K |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $410.3K |
| EBIT | -$14M |
| EBITDA | -$13M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $410.3K |
| Stock-Based Compensation | $661.7K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$873.9K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$271.9K |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $346.3K |
| NET CASH FROM INVESTING | $464.2K |
| Net Debt Issuance | -$901.7K |
| Common Stock Repurchased | -$486.2K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $150.8K |
| NET CASH FROM FINANCING | $17M |
| FREE CASH FLOW | -$38M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $21M |
| Inventory | $3M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $42M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $41M |
| TOTAL ASSETS | $83M |
| Account Payables | $2M |
| Short-Term Debt | $3M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $45M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $61M |
| Common Stock | $26.6K |
| Additional Paid-In Capital | $84M |
| Retained Earnings | -$61M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22M |
| Minority Interest | -$239.1K |
| TOTAL EQUITY | $22M |
| TOTAL LIABILITIES & EQUITY | $83M |
| Total Debt | $6M |
| Net Debt | -$5M |
