| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $425.0K | $263.0K | 162.4% | 324.0% |
| Op. Income | -$3M | -$3M | -$3M | 8.0% | -9.0% |
| Gross Margin | 44.5% | 43.1% | 41.1% | 1.4pp | 3.4pp |
| Net Margin | -236.9% | -685.2% | -919.4% | 448.3pp | 682.5pp |
| EPS (Diluted) | $-1.62 | $-1.79 | $-1.19 | 9.5% | -36.1% |
| Free Cash Flow | -$2M | -$3M | -$2M | 36.5% | 7.0% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $619.0K |
| GROSS PROFIT | $496.0K |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $427.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $188.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $188.0K |
| Stock-Based Compensation | $473.0K |
| Deferred Income Tax | -$707.0K |
| Other Non-Cash Items | $711.0K |
| Change in Working Capital | $176.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$153.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $4.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$149.0K |
| Net Debt Issuance | -$45.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$45.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $26M |
| Net Receivables | $294.0K |
| Inventory | $2M |
| Other Current Assets | $426.0K |
| TOTAL CURRENT ASSETS | $40M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $30.0K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $43M |
| Account Payables | $567.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $91.0K |
| TOTAL NON-CURRENT LIABILITIES | $243.0K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $191M |
| Additional Paid-In Capital | $82M |
| Retained Earnings | -$231M |
| Treasury Stock | -$119.0K |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $40M |
| Minority Interest | $0 |
| TOTAL EQUITY | $40M |
| TOTAL LIABILITIES & EQUITY | $43M |
| Total Debt | $461.0K |
| Net Debt | -$11M |
