| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $163.0K | $205.0K | $108.0K | -20.5% | 50.9% |
| Op. Income | -$13M | -$11M | -$12M | -14.7% | -2.8% |
| Gross Margin | 35.6% | 50.2% | 100.0% | -14.7pp | -64.4pp |
| Net Margin | -7225.8% | -4883.4% | -10324.1% | -2342.4pp | 3098.3pp |
| EPS (Diluted) | $-0.26 | $-0.22 | $-0.25 | -18.2% | -4.0% |
| Free Cash Flow | -$9M | -$8M | -$7M | -18.0% | -25.0% |
| Item | Amount |
|---|---|
| REVENUE | $163.0K |
| Cost of Revenue | $105.0K |
| GROSS PROFIT | $58.0K |
| R&D Expenses | $9M |
| Selling & Marketing | $459.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$105.0K |
| Operating Expenses | $13M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$13M |
| Interest Income | $805.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $767.0K |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $105.0K |
| EBIT | -$13M |
| EBITDA | -$12M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $105.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$127.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $14M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $14M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $35M |
| Net Receivables | $451.0K |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $62M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $66M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $413M |
| Retained Earnings | -$361M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$97.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $52M |
| Minority Interest | $0 |
| TOTAL EQUITY | $52M |
| TOTAL LIABILITIES & EQUITY | $66M |
| Total Debt | $2M |
| Net Debt | -$24M |
