| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $9M | $15M | 37.7% | -15.1% |
| Op. Income | $14.0K | -$717.0K | $552.0K | 102.0% | -97.5% |
| Gross Margin | 21.6% | 18.4% | 22.9% | 3.2pp | -1.3pp |
| Net Margin | -3.0% | -11.9% | -0.5% | 8.9pp | -2.4pp |
| EPS (Diluted) | $-8.43 | $-7.06 | $-0.49 | -19.4% | -1620.4% |
| Free Cash Flow | $15.0K | -$1M | $1M | 101.1% | -98.9% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $14.0K |
| Interest Income | $0 |
| Interest Expense | $394.0K |
| Other Income/Expenses | -$394.0K |
| INCOME BEFORE TAX | -$380.0K |
| Income Tax Expense | $1.0K |
| Net Income from Continuing Ops | -$381.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$381.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $99.0K |
| EBIT | $14.0K |
| EBITDA | $113.0K |
| EPS | -$8 |
| EPS Diluted | -$8 |
| Item | Amount |
|---|---|
| Net Income | -$381.0K |
| Depreciation & Amortization | $99.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $280.0K |
| OPERATING CASH FLOW | -$2.0K |
| Capital Expenditure | $17.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $17.0K |
| Net Debt Issuance | -$45.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$45.0K |
| FREE CASH FLOW | $15.0K |
| Net Change in Cash | -$30.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $0 |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $13M |
| Other Current Assets | $824.0K |
| TOTAL CURRENT ASSETS | $19M |
| PP&E (Net) | $4M |
| Goodwill | $23M |
| Intangible Assets | $49.0K |
| Long-Term Investments | $0 |
| Tax Assets | $8M |
| Other Non-Current Assets | $48.0K |
| TOTAL NON-CURRENT ASSETS | $35M |
| TOTAL ASSETS | $54M |
| Account Payables | $0 |
| Short-Term Debt | $13M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $36M |
| TOTAL LIABILITIES | $55M |
| Common Stock | $0 |
| Additional Paid-In Capital | $193M |
| Retained Earnings | -$194M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$925.0K |
| Minority Interest | $0 |
| TOTAL EQUITY | -$925.0K |
| TOTAL LIABILITIES & EQUITY | $54M |
| Total Debt | $21M |
| Net Debt | $21M |
