| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $4M | $6M | -10.9% | -39.7% |
| Op. Income | -$1M | -$1M | $747.0K | -9.4% | -296.4% |
| Gross Margin | 93.0% | 92.8% | 93.6% | 0.2pp | -0.6pp |
| Net Margin | -30.3% | -25.2% | 17.9% | -5.1pp | -48.2pp |
| EPS (Diluted) | $-0.06 | $-0.05 | $0.05 | -6.8% | -201.8% |
| Free Cash Flow | -$765.0K | -$713.0K | $2M | -7.3% | -131.1% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $270.0K |
| GROSS PROFIT | $4M |
| R&D Expenses | $2M |
| Selling & Marketing | $2M |
| General & Administrative | $1M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$1M |
| Interest Income | $315.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $315.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $15.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $142.0K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $142.0K |
| Stock-Based Compensation | $220.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $63.0K |
| Change in Working Capital | -$22.0K |
| OPERATING CASH FLOW | -$765.0K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $44.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$12.0K |
| NET CASH FROM FINANCING | -$13.0K |
| FREE CASH FLOW | -$765.0K |
| Net Change in Cash | -$288.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $16M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $34M |
| PP&E (Net) | $5M |
| Goodwill | $3M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $122.0K |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $44M |
| Account Payables | $816.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $345.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $12M |
| Common Stock | $212.0K |
| Additional Paid-In Capital | $100M |
| Retained Earnings | -$69M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $373.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $32M |
| Minority Interest | $0 |
| TOTAL EQUITY | $32M |
| TOTAL LIABILITIES & EQUITY | $44M |
| Total Debt | $4M |
| Net Debt | -$7M |
