| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $891.6K | $142.1K | 37.4% | 761.9% |
| Op. Income | -$534.5K | -$648.7K | -$509.5K | 17.6% | -4.9% |
| Gross Margin | 18.1% | 36.3% | 49.1% | -18.2pp | -31.0pp |
| Net Margin | -53.4% | -101.2% | -368.5% | 47.8pp | 315.1pp |
| EPS (Diluted) | $-0.00 | $-0.00 | $-0.00 | 27.8% | -23.8% |
| Free Cash Flow | -$61.3K | -$136.6K | -$252.1K | 55.1% | 75.7% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $221.7K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $217.0K |
| SG&A Expenses | $217.0K |
| Other Expenses | $539.2K |
| Operating Expenses | $756.2K |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$534.5K |
| Interest Income | $14.8K |
| Interest Expense | $56.6K |
| Other Income/Expenses | -$119.7K |
| INCOME BEFORE TAX | -$654.2K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$654.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$654.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$654.2K |
| D&A | $226.7K |
| EBIT | -$597.7K |
| EBITDA | -$371.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$648.1K |
| Depreciation & Amortization | $226.7K |
| Stock-Based Compensation | $279.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $77.9K |
| Change in Working Capital | $21.4K |
| OPERATING CASH FLOW | -$42.7K |
| Capital Expenditure | -$18.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$18.6K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$61.3K |
| Net Change in Cash | -$61.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $281.0K |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $169.6K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $808.4K |
| Tax Assets | $0 |
| Other Non-Current Assets | $374.4K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $8M |
| Account Payables | $559.1K |
| Short-Term Debt | $2M |
| Deferred Revenue | $789.7K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $322.2K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $322.2K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $12M |
| Retained Earnings | -$7M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5M |
| Minority Interest | $0 |
| TOTAL EQUITY | $5M |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $2M |
| Net Debt | $1M |
