| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $13M | $13M | -6.0% | -3.2% |
| Op. Income | -$2M | -$3M | -$3M | 10.5% | 25.8% |
| Gross Margin | 9.7% | 5.8% | 9.5% | 3.9pp | 0.3pp |
| Net Margin | -17.6% | -19.6% | -26.1% | 2.0pp | 8.5pp |
| EPS (Diluted) | $-0.45 | $-0.15 | $-0.27 | -200.0% | -66.7% |
| Free Cash Flow | $511.0K | -$1M | -$7M | 141.0% | 107.7% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $41.8K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $304.1K |
| Operating Expenses | $3M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$2M |
| Interest Income | $101.2K |
| Interest Expense | $181.4K |
| Other Income/Expenses | $57.3K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| 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 | -$8M |
| D&A | $304.1K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $304.1K |
| Stock-Based Compensation | $422.8K |
| Deferred Income Tax | $5.6K |
| Other Non-Cash Items | $80.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $739.8K |
| Capital Expenditure | -$228.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $193.3K |
| NET CASH FROM INVESTING | -$35.4K |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $511.0K |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $22.8K |
| Net Receivables | $17M |
| Inventory | $5M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $36M |
| PP&E (Net) | $11M |
| Goodwill | $49.7K |
| Intangible Assets | $8M |
| Long-Term Investments | $167.2K |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $65M |
| Account Payables | $13M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $30M |
| Common Stock | $23.3K |
| Additional Paid-In Capital | $141M |
| Retained Earnings | -$104M |
| Treasury Stock | -$917.2K |
| Accum. Other Comp. Income | -$447.8K |
| Other Equity | -$20 |
| TOTAL STOCKHOLDERS' EQUITY | $35M |
| Minority Interest | $0 |
| TOTAL EQUITY | $35M |
| TOTAL LIABILITIES & EQUITY | $65M |
| Total Debt | $11M |
| Net Debt | $8M |
