| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $4M | $4M | 3.5% | 0.7% |
| Op. Income | -$383.0K | -$519.0K | -$665.0K | 26.2% | 42.4% |
| Gross Margin | 68.8% | 66.4% | 67.6% | 2.4pp | 1.2pp |
| Net Margin | -7.7% | -15.8% | -20.0% | 8.1pp | 12.2pp |
| EPS (Diluted) | $-0.03 | $-0.06 | $-0.07 | 49.4% | 61.1% |
| Free Cash Flow | -$19.0K | -$91.0K | -$189.0K | 79.1% | 89.9% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $3M |
| R&D Expenses | $1M |
| Selling & Marketing | $949.0K |
| General & Administrative | $878.0K |
| SG&A Expenses | $2M |
| Other Expenses | $254.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$383.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $83.0K |
| INCOME BEFORE TAX | -$300.0K |
| Income Tax Expense | $5.0K |
| Net Income from Continuing Ops | -$305.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$305.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$305.0K |
| D&A | $206.0K |
| EBIT | -$330.0K |
| EBITDA | -$124.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$305.0K |
| Depreciation & Amortization | $206.0K |
| Stock-Based Compensation | $127.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$88.0K |
| Change in Working Capital | $60.0K |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | -$19.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$19.0K |
| Net Debt Issuance | -$84.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$84.0K |
| FREE CASH FLOW | -$19.0K |
| Net Change in Cash | -$102.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $332.0K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $292.0K |
| Goodwill | $8M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $48.0K |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $16M |
| Account Payables | $1M |
| Short-Term Debt | $207.0K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $467.0K |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $317.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $668.0K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $6M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $102M |
| Retained Earnings | -$91M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$262.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $0 |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $16M |
| Total Debt | $728.0K |
| Net Debt | -$472.0K |
