| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | — | $955.0K | — | 4.8% |
| Op. Income | -$2M | — | -$1M | — | -54.2% |
| Gross Margin | 91.5% | — | 94.8% | — | -3.3pp |
| Net Margin | -196.3% | — | -96.8% | — | -99.5pp |
| EPS (Diluted) | $-0.13 | — | $-0.10 | — | -32.4% |
| Free Cash Flow | -$975.0K | — | -$1M | — | 4.3% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $85.0K |
| GROSS PROFIT | $916.0K |
| R&D Expenses | $1M |
| Selling & Marketing | $310.0K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $456.0K |
| Interest Expense | $124.0K |
| Other Income/Expenses | -$396.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $21.0K |
| 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 | $53.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $106.0K |
| Stock-Based Compensation | $185.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $448.0K |
| Change in Working Capital | $269.0K |
| OPERATING CASH FLOW | -$957.0K |
| Capital Expenditure | -$18.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$295.0K |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$510.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $255.0K |
| NET CASH FROM FINANCING | $13M |
| FREE CASH FLOW | -$975.0K |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $4M |
| Net Receivables | $134.0K |
| Inventory | $0 |
| Other Current Assets | $369.0K |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $33.0K |
| Goodwill | $4M |
| Intangible Assets | $599.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $23M |
| Account Payables | $6.0K |
| Short-Term Debt | $369.0K |
| Deferred Revenue | $18.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $944.0K |
| Long-Term Debt | $32.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $50.0K |
| TOTAL NON-CURRENT LIABILITIES | $82.0K |
| TOTAL LIABILITIES | $1M |
| Common Stock | $212.0K |
| Additional Paid-In Capital | $56M |
| Retained Earnings | -$34M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22M |
| Minority Interest | $0 |
| TOTAL EQUITY | $22M |
| TOTAL LIABILITIES & EQUITY | $23M |
| Total Debt | $401.0K |
| Net Debt | -$14M |
