| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $3M | $2M | -48.3% | -3.1% |
| Op. Income | -$1M | -$449.0K | -$742.0K | -123.8% | -35.4% |
| Gross Margin | 34.8% | 39.0% | 24.9% | -4.2pp | 9.9pp |
| Net Margin | -69.1% | -15.9% | -49.1% | -53.2pp | -20.0pp |
| EPS (Diluted) | $-0.07 | $-0.03 | $-0.06 | -121.6% | -20.3% |
| Free Cash Flow | -$784.0K | -$769.0K | -$825.0K | -2.0% | 5.0% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $955.0K |
| GROSS PROFIT | $509.0K |
| R&D Expenses | $17.0K |
| Selling & Marketing | $583.0K |
| General & Administrative | $848.0K |
| SG&A Expenses | $1M |
| Other Expenses | $66.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $8.0K |
| Other Income/Expenses | -$6.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $70.0K |
| EBIT | -$1M |
| EBITDA | -$935.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $70.0K |
| Stock-Based Compensation | $151.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $10.0K |
| OPERATING CASH FLOW | -$780.0K |
| Capital Expenditure | -$4.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$20.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $65.0K |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$784.0K |
| Net Change in Cash | -$784.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $383.0K |
| Short-Term Investments | $0 |
| Net Receivables | $690.0K |
| Inventory | $2M |
| Other Current Assets | $122.0K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $300.0K |
| Goodwill | $0 |
| Intangible Assets | $210.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $92.0K |
| TOTAL NON-CURRENT ASSETS | $602.0K |
| TOTAL ASSETS | $3M |
| Account Payables | $843.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $654.0K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $111.0K |
| TOTAL NON-CURRENT LIABILITIES | $111.0K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $0 |
| Additional Paid-In Capital | $64M |
| Retained Earnings | -$62M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $0 |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $0 |
| Net Debt | -$383.0K |
