| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $356.7K | — | $375.6K | — | -5.0% |
| Op. Income | -$327.9K | — | -$280.1K | — | -17.0% |
| Gross Margin | 69.1% | — | 70.4% | — | -1.3pp |
| Net Margin | -91.9% | — | -74.6% | — | -17.3pp |
| EPS (Diluted) | $-0.03 | — | $-0.02 | — | -16.9% |
| Free Cash Flow | -$241.2K | — | $16.8K | — | -1535.4% |
| Item | Amount |
|---|---|
| REVENUE | $356.7K |
| Cost of Revenue | $110.3K |
| GROSS PROFIT | $246.4K |
| R&D Expenses | $0 |
| Selling & Marketing | $22.3K |
| General & Administrative | $552.0K |
| SG&A Expenses | $574.3K |
| Other Expenses | $0 |
| Operating Expenses | $574.3K |
| Cost & Expenses | $684.5K |
| OPERATING INCOME | -$327.9K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$327.9K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$327.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$327.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$327.9K |
| D&A | $524 |
| EBIT | -$327.9K |
| EBITDA | -$327.3K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$327.9K |
| Depreciation & Amortization | $524 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $86.1K |
| OPERATING CASH FLOW | -$241.2K |
| Capital Expenditure | -$4 |
| 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 | -$46.3K |
| NET CASH FROM FINANCING | $273.6K |
| FREE CASH FLOW | -$241.2K |
| Net Change in Cash | $32.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $817.2K |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $77.2K |
| TOTAL CURRENT ASSETS | $933.5K |
| PP&E (Net) | $3.8K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3.8K |
| TOTAL ASSETS | $937.3K |
| Account Payables | $65.8K |
| Short-Term Debt | $0 |
| Deferred Revenue | $439.6K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $608.8K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $608.8K |
| Common Stock | $12.0K |
| Additional Paid-In Capital | $2M |
| Retained Earnings | -$2M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$96.9K |
| TOTAL STOCKHOLDERS' EQUITY | $328.5K |
| Minority Interest | $0 |
| TOTAL EQUITY | $328.5K |
| TOTAL LIABILITIES & EQUITY | $937.3K |
| Total Debt | $0 |
| Net Debt | -$817.2K |
