| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | — | — | — | — |
| Op. Income | -$7M | — | — | — | — |
| Gross Margin | -32.8% | — | — | — | — |
| Net Margin | -244.4% | — | — | — | — |
| EPS (Diluted) | $-118.80 | — | — | — | — |
| Free Cash Flow | -$5M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $4M |
| GROSS PROFIT | -$946.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $401.2K |
| General & Administrative | $879.5K |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $399.0K |
| Other Income/Expenses | -$307.0K |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $900.9K |
| EBIT | -$7M |
| EBITDA | -$6M |
| EPS | -$119 |
| EPS Diluted | -$119 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $900.9K |
| Stock-Based Compensation | $42.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $184.3K |
| Other Current Assets | $514.7K |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $13M |
| Account Payables | $0 |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $5M |
| Common Stock | $2M |
| Additional Paid-In Capital | $79M |
| Retained Earnings | -$71M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $0 |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $13M |
| Total Debt | $4M |
| Net Debt | -$3M |
