| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $384.5K | — | $709.4K | — | -45.8% |
| Op. Income | -$734.1K | — | -$303.2K | — | -142.1% |
| Gross Margin | 46.0% | — | 34.7% | — | 11.3pp |
| Net Margin | -83.2% | — | -43.3% | — | -39.9pp |
| EPS (Diluted) | $-0.04 | — | $-3.87 | — | 98.9% |
| Free Cash Flow | $0 | — | $110.0K | — | -100.0% |
| Item | Amount |
|---|---|
| REVENUE | $384.5K |
| Cost of Revenue | $207.7K |
| GROSS PROFIT | $176.8K |
| R&D Expenses | $0 |
| Selling & Marketing | $161.6K |
| General & Administrative | $663.9K |
| SG&A Expenses | $848.1K |
| Other Expenses | -$336.4K |
| Operating Expenses | $511.7K |
| Cost & Expenses | $719.4K |
| OPERATING INCOME | -$734.1K |
| Interest Income | $0 |
| Interest Expense | $1.9K |
| Other Income/Expenses | $63.9K |
| INCOME BEFORE TAX | -$319.9K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$639.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$319.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$319.9K |
| D&A | $316 |
| EBIT | -$535.5K |
| EBITDA | -$267.4K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$319.9K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $319.9K |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| 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 | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $88.2K |
| Inventory | $0 |
| Other Current Assets | $151.4K |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $16.2K |
| Goodwill | $1M |
| Intangible Assets | $555.3K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $8M |
| Account Payables | $0 |
| Short-Term Debt | $74.6K |
| Deferred Revenue | $539.7K |
| Other Current Liabilities | $107.8K |
| TOTAL CURRENT LIABILITIES | $957.7K |
| Long-Term Debt | $77.3K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $92.6K |
| TOTAL LIABILITIES | $1M |
| Common Stock | $7M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$2M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $177.7K |
| Net Debt | -$5M |
