| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $3M | -19.8% | -30.2% |
| Op. Income | -$4M | -$2M | -$3M | -110.3% | -60.0% |
| Gross Margin | -12.5% | 19.5% | 12.9% | -32.0pp | -25.4pp |
| Net Margin | -683.5% | -118.6% | -86.1% | -564.8pp | -597.4pp |
| EPS (Diluted) | $-1898.40 | $-78.40 | $-6078.72 | -2321.4% | 68.8% |
| Free Cash Flow | -$7M | -$1M | -$2M | -398.3% | -305.3% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | -$236.3K |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $942.3K |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$843 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $433.1K |
| EBIT | -$12M |
| EBITDA | -$12M |
| EPS | -$1.9K |
| EPS Diluted | -$1.9K |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $433.1K |
| Stock-Based Compensation | $83.8K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$377.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $51.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $3M |
| Other Current Assets | -$891.1K |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $657.9K |
| Goodwill | $0 |
| Intangible Assets | $8M |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $19M |
| Account Payables | $4M |
| Short-Term Debt | $3M |
| Deferred Revenue | $3.2K |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $284.4K |
| TOTAL LIABILITIES | $18M |
| Common Stock | $93M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$106M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1M |
| Minority Interest | $0 |
| TOTAL EQUITY | $1M |
| TOTAL LIABILITIES & EQUITY | $19M |
| Total Debt | $3M |
| Net Debt | $645.8K |
