| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $845.0K | -25.9% | 200.7% |
| Op. Income | -$317.0K | $66.0K | -$2M | -580.3% | 85.1% |
| Gross Margin | 68.6% | 56.6% | 26.7% | 12.0pp | 41.8pp |
| Net Margin | -20.1% | -2.3% | -102.6% | -17.8pp | 82.5pp |
| EPS (Diluted) | $-0.85 | $-0.18 | $-3.20 | -372.2% | 73.4% |
| Free Cash Flow | -$2M | -$2M | -$2M | -13.9% | -8.0% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $798.0K |
| GROSS PROFIT | $2M |
| R&D Expenses | $543.0K |
| Selling & Marketing | $727.0K |
| General & Administrative | $790.0K |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$317.0K |
| Interest Income | $0 |
| Interest Expense | $246.0K |
| Other Income/Expenses | -$194.0K |
| INCOME BEFORE TAX | -$511.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$511.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$511.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$511.0K |
| D&A | $3.0K |
| EBIT | -$265.0K |
| EBITDA | -$262.0K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$511.0K |
| Depreciation & Amortization | $3.0K |
| Stock-Based Compensation | $80.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$337.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$2M |
| 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 | -$673.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$271.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$821.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $2M |
| Other Current Assets | $781.0K |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $567.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $961.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $9M |
| Account Payables | $893.0K |
| Short-Term Debt | $927.0K |
| Deferred Revenue | $277.0K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $150.0K |
| Deferred Revenue NC | $160.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $242.0K |
| TOTAL NON-CURRENT LIABILITIES | $614.0K |
| TOTAL LIABILITIES | $6M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $45M |
| Retained Earnings | -$42M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $228.0K |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $9M |
| Total Debt | $2M |
| Net Debt | -$652.0K |
