| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $781.0K | $223.0K | $571.0K | 250.2% | 36.8% |
| Op. Income | -$11M | -$11M | -$8M | -2.1% | -41.6% |
| Gross Margin | 39.1% | -15.2% | 62.0% | 54.3pp | -22.9pp |
| Net Margin | -3278.7% | -5449.8% | -2100.5% | 2171.0pp | -1178.2pp |
| EPS (Diluted) | $-0.25 | $-0.12 | $-0.06 | -108.3% | -300.0% |
| Free Cash Flow | -$15M | -$14M | -$8M | -7.6% | -94.4% |
| Item | Amount |
|---|---|
| REVENUE | $781.0K |
| Cost of Revenue | $476.0K |
| GROSS PROFIT | $305.0K |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $328.0K |
| Operating Expenses | $12M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$11M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | -$26M |
| Income Tax Expense | $55.0K |
| Net Income from Continuing Ops | -$26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$26M |
| D&A | $251.0K |
| EBIT | -$26M |
| EBITDA | -$25M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$26M |
| Depreciation & Amortization | $251.0K |
| Stock-Based Compensation | $359.0K |
| Deferred Income Tax | -$65.0K |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $69M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $8M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $85M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $50M |
| Tax Assets | $1M |
| Other Non-Current Assets | -$49M |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $91M |
| Account Payables | $11M |
| Short-Term Debt | $16M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $40M |
| Long-Term Debt | $149M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $181M |
| TOTAL NON-CURRENT LIABILITIES | $331M |
| TOTAL LIABILITIES | $371M |
| Common Stock | $0 |
| Additional Paid-In Capital | $143M |
| Retained Earnings | -$423M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$280M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$280M |
| TOTAL LIABILITIES & EQUITY | $91M |
| Total Debt | $166M |
| Net Debt | $98M |
