| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $19.7K | -0.4% | 12047.4% |
| Op. Income | -$2M | -$2M | -$2M | -7.3% | -17.4% |
| Gross Margin | 41.3% | 34.6% | 93.7% | 6.7pp | -52.5pp |
| Net Margin | -88.0% | -81.5% | -8816.4% | -6.5pp | 8728.3pp |
| EPS (Diluted) | $-5.70 | $-6.00 | $-6.00 | 5.0% | 5.0% |
| Free Cash Flow | -$2M | -$2M | -$1M | 34.6% | -14.4% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $989.9K |
| R&D Expenses | $453.9K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $151.1K |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$2M |
| Interest Income | $5.2K |
| Interest Expense | $22.2K |
| Other Income/Expenses | -$17.1K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $5.4K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $151.1K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$6 |
| EPS Diluted | -$6 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $151.1K |
| Stock-Based Compensation | $287.3K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $459.0K |
| Change in Working Capital | -$319.5K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$28.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$28.3K |
| Net Debt Issuance | -$91.3K |
| Common Stock Repurchased | -$494.9K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $495.0K |
| NET CASH FROM FINANCING | -$91.1K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $801.3K |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $29.8K |
| Other Current Assets | $126.0K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $2M |
| Goodwill | $1M |
| Intangible Assets | $804.3K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $19.7K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $7M |
| Account Payables | $848.1K |
| Short-Term Debt | $483.0K |
| Deferred Revenue | $26.1K |
| Other Current Liabilities | $270.9K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $22.8K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $897.0K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $79.4K |
| Additional Paid-In Capital | $52M |
| Retained Earnings | -$49M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $7M |
| Total Debt | $2M |
| Net Debt | $1M |
