| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $100M | $81M | — | 24.0% | — |
| Op. Income | $67M | -$92M | — | 172.7% | — |
| Gross Margin | 37.5% | 32.4% | — | 5.2pp | — |
| Net Margin | -66.2% | -137.6% | — | 71.5pp | — |
| EPS (Diluted) | $-0.35 | $-0.53 | — | 34.0% | — |
| Free Cash Flow | -$66M | -$76M | — | 13.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $100M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $38M |
| R&D Expenses | $25M |
| Selling & Marketing | $39M |
| General & Administrative | $41M |
| SG&A Expenses | $80M |
| Other Expenses | -$134M |
| Operating Expenses | -$29M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $67M |
| Interest Income | $3M |
| Interest Expense | $14M |
| Other Income/Expenses | -$133M |
| INCOME BEFORE TAX | -$66M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$90M |
| D&A | $12M |
| EBIT | -$53M |
| EBITDA | -$41M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$66M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$63M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$30.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$99.0K |
| NET CASH FROM FINANCING | -$129.0K |
| FREE CASH FLOW | -$66M |
| Net Change in Cash | -$66M |
