| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $4M | $6M | -43.1% | -63.4% |
| Op. Income | -$13M | -$12M | -$7M | -12.2% | -89.5% |
| Gross Margin | -422.1% | -214.9% | 100.0% | -207.2pp | -522.1pp |
| Net Margin | -555.2% | -277.0% | -103.3% | -278.2pp | -451.9pp |
| EPS (Diluted) | $-0.38 | $-0.35 | $-0.25 | -8.6% | -52.0% |
| Free Cash Flow | -$12M | -$12M | -$9M | 5.4% | -24.1% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $12M |
| GROSS PROFIT | -$10M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$12M |
| Operating Expenses | $3M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$13M |
| Interest Income | $453.2K |
| Interest Expense | $0 |
| Other Income/Expenses | $453.2K |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $361.2K |
| EBIT | -$13M |
| EBITDA | -$13M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $361.2K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$347.6K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$59.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$69.0B |
| Sales/Maturities of Investments | $22M |
| Other Investing Activities | $69.7B |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $121.0K |
| NET CASH FROM FINANCING | $67M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | $58M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $68M |
| Short-Term Investments | $17M |
| Net Receivables | $409.7K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $86M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $319.2K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $93M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $25M |
| Common Stock | $40.3K |
| Additional Paid-In Capital | $261M |
| Retained Earnings | -$193M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $96.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $68M |
| Minority Interest | $0 |
| TOTAL EQUITY | $68M |
| TOTAL LIABILITIES & EQUITY | $93M |
| Total Debt | $2M |
| Net Debt | -$67M |
