| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $6M | $3M | 8.5% | 101.9% |
| Op. Income | -$2M | -$2M | -$2M | -18.4% | -4.7% |
| Gross Margin | 56.8% | 51.5% | 44.5% | 5.3pp | 12.3pp |
| Net Margin | -41.1% | -11.4% | -53.3% | -29.7pp | 12.2pp |
| EPS (Diluted) | $-0.16 | $-0.04 | $-0.13 | -300.0% | -23.1% |
| Free Cash Flow | -$2M | -$3M | -$1M | 14.8% | -58.3% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $4M |
| R&D Expenses | $1M |
| Selling & Marketing | $3M |
| General & Administrative | $1M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $587.0K |
| Other Income/Expenses | -$587.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $351.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $351.0K |
| Stock-Based Compensation | $126.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $477.1K |
| Change in Working Capital | -$24.1K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$512.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $40.0K |
| NET CASH FROM INVESTING | -$472.0K |
| Net Debt Issuance | -$164.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$15.1K |
| NET CASH FROM FINANCING | -$164.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $3M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $17M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $364.0K |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $26M |
| Account Payables | $4M |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $22M |
| Common Stock | $98M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$93M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $26M |
| Total Debt | $11M |
| Net Debt | $8M |
