| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $2M | $5M | 8.7% | -48.8% |
| Op. Income | -$2M | -$3M | -$1M | 25.2% | -46.9% |
| Gross Margin | 24.4% | -0.9% | 33.1% | 25.3pp | -8.6pp |
| Net Margin | -82.3% | -122.4% | -27.6% | 40.0pp | -54.7pp |
| EPS (Diluted) | $-0.09 | $-0.12 | $-0.06 | 28.3% | -52.5% |
| Free Cash Flow | -$2M | -$3M | -$2M | 41.9% | -2.7% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $612.0K |
| R&D Expenses | $782.0K |
| Selling & Marketing | $1M |
| General & Administrative | $951.0K |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$2M |
| Interest Income | $29.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $142.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $16.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $104.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $190.0K |
| Stock-Based Compensation | $21.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$872.0K |
| Change in Working Capital | $870.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$20.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $9.0K |
| NET CASH FROM FINANCING | $3.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$765.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $1M |
| Net Receivables | $2M |
| Inventory | $14M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $23M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $222.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $28M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $22.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $5M |
| Common Stock | $24.0K |
| Additional Paid-In Capital | $32M |
| Retained Earnings | -$8M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$307.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24M |
| Minority Interest | $0 |
| TOTAL EQUITY | $24M |
| TOTAL LIABILITIES & EQUITY | $28M |
| Total Debt | $472.0K |
| Net Debt | -$1M |
