| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $5M | 10.9% | -58.2% |
| Op. Income | -$135.4K | -$85.5K | $1M | -58.5% | -113.2% |
| Gross Margin | 48.5% | 40.1% | 42.0% | 8.4pp | 6.5pp |
| Net Margin | -5.8% | -4.4% | 21.3% | -1.3pp | -27.1pp |
| EPS (Diluted) | $-0.02 | $-0.03 | $0.20 | 51.7% | -107.5% |
| Free Cash Flow | $292.5K | -$62.8K | $219.3K | 565.6% | 33.4% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $962.2K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$135.4K |
| Interest Income | $947 |
| Interest Expense | $0 |
| Other Income/Expenses | $947 |
| INCOME BEFORE TAX | -$134.5K |
| Income Tax Expense | -$20.0K |
| Net Income from Continuing Ops | -$114.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$114.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$114.5K |
| D&A | $36.9K |
| EBIT | -$135.4K |
| EBITDA | -$98.6K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$114.5K |
| Depreciation & Amortization | $36.9K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $57.3K |
| Change in Working Capital | $314.0K |
| OPERATING CASH FLOW | $293.7K |
| Capital Expenditure | -$1.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.2K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$102.3K |
| NET CASH FROM FINANCING | -$102.3K |
| FREE CASH FLOW | $292.5K |
| Net Change in Cash | $190.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $119.2K |
| Other Current Assets | $262.4K |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.6K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $7M |
| Account Payables | $681.3K |
| Short-Term Debt | $42.7K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $60.1K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.0K |
| TOTAL NON-CURRENT LIABILITIES | $755.8K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $5M |
| Retained Earnings | -$193.6K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5M |
| Minority Interest | $0 |
| TOTAL EQUITY | $5M |
| TOTAL LIABILITIES & EQUITY | $7M |
| Total Debt | $1M |
| Net Debt | -$744.5K |
