| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $2M | $4M | 212.2% | 72.6% |
| Op. Income | -$7M | -$8M | -$13M | 9.6% | 45.3% |
| Gross Margin | 21.6% | 7.2% | 27.1% | 14.3pp | -5.5pp |
| Net Margin | -125.5% | -394.0% | -332.1% | 268.4pp | 206.6pp |
| EPS (Diluted) | $-18.00 | $-18.00 | $-27.60 | 0.0% | 34.8% |
| Free Cash Flow | -$4M | -$9M | -$23M | 54.5% | 81.5% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $2M |
| R&D Expenses | $1M |
| Selling & Marketing | $596.0K |
| General & Administrative | $7M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$7M |
| Interest Income | $0 |
| Interest Expense | $97.8K |
| Other Income/Expenses | -$587.5K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | -$4.8K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $0 |
| EBIT | -$8M |
| EBITDA | -$8M |
| EPS | -$18 |
| EPS Diluted | -$18 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $975.2K |
| Stock-Based Compensation | $866.8K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$800.0K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$335.5K |
| Acquisitions (Net) | -$355.4K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $34.3K |
| NET CASH FROM INVESTING | -$656.7K |
| Net Debt Issuance | $458.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3.3K |
| NET CASH FROM FINANCING | $461.6K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $4M |
| Net Receivables | $14M |
| Inventory | $41M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $92M |
| PP&E (Net) | $38M |
| Goodwill | $216.4K |
| Intangible Assets | $6M |
| Long-Term Investments | $28M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $76M |
| TOTAL ASSETS | $168M |
| Account Payables | $7M |
| Short-Term Debt | $10M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $25.8K |
| TOTAL CURRENT LIABILITIES | $31M |
| Long-Term Debt | $366.6K |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $201.1K |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $33M |
| TOTAL LIABILITIES | $64M |
| Common Stock | $0 |
| Additional Paid-In Capital | $404M |
| Retained Earnings | -$292M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $104M |
| Minority Interest | $157.1K |
| TOTAL EQUITY | $104M |
| TOTAL LIABILITIES & EQUITY | $168M |
| Total Debt | $30M |
| Net Debt | $13M |
