| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $13M | — | 16.3% | — |
| Op. Income | -$12M | -$9M | — | -24.7% | — |
| Gross Margin | 53.7% | 55.7% | — | -2.0pp | — |
| Net Margin | -96.1% | -96.3% | — | 0.1pp | — |
| EPS (Diluted) | $-0.33 | $-0.41 | — | 19.5% | — |
| Free Cash Flow | -$13M | -$13M | — | -1.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $8M |
| R&D Expenses | $6M |
| Selling & Marketing | $9M |
| General & Administrative | $5M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$12M |
| Interest Income | $993.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $576.0K |
| EBIT | -$14M |
| EBITDA | -$14M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $576.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$507.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $24M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$119.0K |
| NET CASH FROM FINANCING | -$107.0K |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | -$9M |
