| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | — | $98.7K | — | 2831.4% |
| Op. Income | $68.6K | — | -$105.2K | — | 165.2% |
| Gross Margin | 11.7% | — | 20.2% | — | -8.5pp |
| Net Margin | 2.8% | — | -106.6% | — | 109.4pp |
| EPS (Diluted) | $0.08 | — | $-0.30 | — | 127.7% |
| Free Cash Flow | -$68.8K | — | -$59.4K | — | -15.8% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $339.1K |
| R&D Expenses | $0 |
| Selling & Marketing | $133.8K |
| General & Administrative | $136.7K |
| SG&A Expenses | $270.5K |
| Other Expenses | $0 |
| Operating Expenses | $270.5K |
| Cost & Expenses | $3M |
| OPERATING INCOME | $68.6K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $25.0K |
| INCOME BEFORE TAX | $93.6K |
| Income Tax Expense | -$7.1K |
| Net Income from Continuing Ops | $100.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81.1K |
| D&A | -$68.6K |
| EBIT | $68.6K |
| EBITDA | $68.6K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $339.1K |
| R&D Expenses | $0 |
| Selling & Marketing | $133.8K |
| General & Administrative | $136.7K |
| SG&A Expenses | $270.5K |
| Other Expenses | $0 |
| Operating Expenses | $270.5K |
| Cost & Expenses | $3M |
| OPERATING INCOME | $68.6K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $25.0K |
| INCOME BEFORE TAX | $93.6K |
| Income Tax Expense | -$7.1K |
| Net Income from Continuing Ops | $100.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81.1K |
| D&A | -$68.6K |
| EBIT | $68.6K |
| EBITDA | $68.6K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $81.1K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5.4K |
| Change in Working Capital | -$144.6K |
| OPERATING CASH FLOW | -$68.8K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $54.2K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $379.0K |
| NET CASH FROM FINANCING | $487.4K |
| FREE CASH FLOW | -$68.8K |
| Net Change in Cash | $418.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $799.4K |
| Short-Term Investments | $0 |
| Net Receivables | $86.5K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $886.1K |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.7K |
| TOTAL NON-CURRENT ASSETS | $1.7K |
| TOTAL ASSETS | $887.8K |
| Account Payables | $86.5K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $193.5K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $193.5K |
| Common Stock | $1.5K |
| Additional Paid-In Capital | $882.4K |
| Retained Earnings | -$211.2K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $672.7K |
| Minority Interest | $21.6K |
| TOTAL EQUITY | $694.3K |
| TOTAL LIABILITIES & EQUITY | $887.8K |
| Total Debt | $30.2K |
| Net Debt | -$769.2K |
