| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $297.0K | $237.0K | $138.0K | 25.3% | 115.2% |
| Op. Income | -$2M | -$1M | -$2M | -42.5% | 21.2% |
| Gross Margin | 36.4% | -6.8% | -26.1% | 43.1pp | 62.5pp |
| Net Margin | -623.6% | -724.5% | -1600.7% | 100.9pp | 977.2pp |
| EPS (Diluted) | $-0.13 | $-0.12 | $-0.15 | -8.3% | 13.3% |
| Free Cash Flow | -$1M | -$1M | -$1M | -22.8% | 13.4% |
| Item | Amount |
|---|---|
| REVENUE | $297.0K |
| Cost of Revenue | $189.0K |
| GROSS PROFIT | $108.0K |
| R&D Expenses | $499.0K |
| Selling & Marketing | $623.0K |
| General & Administrative | $729.0K |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $140.0K |
| Other Income/Expenses | -$109.0K |
| 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 | -$2M |
| D&A | $57.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $57.0K |
| Stock-Based Compensation | $540.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$39.0K |
| Change in Working Capital | $39.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$7.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$51.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $199.0K |
| Inventory | $302.0K |
| Other Current Assets | $52.0K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $103.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $103.0K |
| TOTAL ASSETS | $2M |
| Account Payables | $101.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $273.0K |
| Other Current Liabilities | $1.0K |
| TOTAL CURRENT LIABILITIES | $478.0K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $300.0K |
| TOTAL NON-CURRENT LIABILITIES | $300.0K |
| TOTAL LIABILITIES | $778.0K |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $39M |
| Retained Earnings | -$38M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $0 |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $2M |
| Total Debt | $0 |
| Net Debt | -$2M |
