| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $214.0K | $1M | $341.0K | -80.6% | -37.2% |
| Op. Income | -$15M | -$17M | -$48M | 11.6% | 68.3% |
| Gross Margin | -446.7% | 94.4% | -50.1% | -541.1pp | -396.6pp |
| Net Margin | -6378.5% | -751.7% | -14805.3% | -5626.8pp | 8426.8pp |
| EPS (Diluted) | $-5.15 | $-3.30 | $-27.60 | -56.1% | 81.3% |
| Free Cash Flow | -$16M | -$23M | -$38M | 29.5% | 56.5% |
| Item | Amount |
|---|---|
| REVENUE | $214.0K |
| Cost of Revenue | $1M |
| GROSS PROFIT | -$956.0K |
| R&D Expenses | $5M |
| Selling & Marketing | $279.0K |
| General & Administrative | $7M |
| SG&A Expenses | $8M |
| Other Expenses | $2M |
| Operating Expenses | $14M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$15M |
| Interest Income | $616.0K |
| Interest Expense | $4M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $77.0K |
| EBIT | -$10M |
| EBITDA | -$10M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $77.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$16M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$14.0K |
| NET CASH FROM FINANCING | $454.0K |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $0 |
| Net Receivables | $3.0K |
| Inventory | $2M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $48M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $87.0K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $49M |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $104M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $109M |
| TOTAL LIABILITIES | $135M |
| Common Stock | $42.0K |
| Additional Paid-In Capital | $554M |
| Retained Earnings | -$639M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$86M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$86M |
| TOTAL LIABILITIES & EQUITY | $49M |
| Total Debt | $105M |
| Net Debt | $65M |
