| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $337.1K | — | $148.6K | — | 126.9% |
| Op. Income | $170.6K | — | -$32.1K | — | 631.2% |
| Gross Margin | 98.9% | — | 97.9% | — | 1.0pp |
| Net Margin | 47.3% | — | -17.2% | — | 64.4pp |
| EPS (Diluted) | $0.01 | — | $0.00 | — | Infinity% |
| Free Cash Flow | -$303.1K | — | -$205.8K | — | -47.3% |
| Item | Amount |
|---|---|
| REVENUE | $337.1K |
| Cost of Revenue | $3.6K |
| GROSS PROFIT | $333.5K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $162.9K |
| Operating Expenses | $162.9K |
| Cost & Expenses | $166.5K |
| OPERATING INCOME | $170.6K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $170.6K |
| Income Tax Expense | $11.2K |
| Net Income from Continuing Ops | $159.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $159.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $159.4K |
| D&A | $1.5K |
| EBIT | $170.6K |
| EBITDA | $172.1K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $337.1K |
| Cost of Revenue | $3.6K |
| GROSS PROFIT | $333.5K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $162.9K |
| Operating Expenses | $162.9K |
| Cost & Expenses | $166.5K |
| OPERATING INCOME | $170.6K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $170.6K |
| Income Tax Expense | $11.2K |
| Net Income from Continuing Ops | $159.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $159.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $159.4K |
| D&A | $1.5K |
| EBIT | $170.6K |
| EBITDA | $172.1K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $159.4K |
| Depreciation & Amortization | $1.5K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $19.8K |
| Change in Working Capital | -$483.6K |
| OPERATING CASH FLOW | -$302.9K |
| Capital Expenditure | -$253 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2.8K |
| Net Debt Issuance | $7.5K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $859.9K |
| FREE CASH FLOW | -$303.1K |
| Net Change in Cash | -$245.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $5M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $16M |
| PP&E (Net) | $198.0K |
| Goodwill | $0 |
| Intangible Assets | $82.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $138.0K |
| TOTAL NON-CURRENT ASSETS | $418.0K |
| TOTAL ASSETS | $17M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $120.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $14.0K |
| TOTAL LIABILITIES | $6M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $11M |
| Retained Earnings | -$180.0K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $0 |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $17M |
| Total Debt | $174.0K |
| Net Debt | -$6M |
