| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $12M | $13M | 3.9% | -5.9% |
| Op. Income | -$3M | -$2M | -$2M | -31.8% | -4.8% |
| Gross Margin | 34.7% | 42.8% | 39.7% | -8.1pp | -5.0pp |
| Net Margin | -21.1% | -17.9% | -19.1% | -3.2pp | -2.0pp |
| EPS (Diluted) | $-0.19 | $-0.15 | $-0.18 | -26.7% | -5.6% |
| Free Cash Flow | -$1M | $436.0K | $819.0K | -339.7% | -227.6% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $4M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $58.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $11.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $481.0K |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $379.0K |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $935.0K |
| Change in Working Capital | $375.0K |
| OPERATING CASH FLOW | -$919.0K |
| Capital Expenditure | -$126.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$126.0K |
| Net Debt Issuance | -$34.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $34.0K |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $835.0K |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $13M |
| Goodwill | $335.0K |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $185.0K |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $27M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $13M |
| Other Current Liabilities | $149.0K |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $439.0K |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $29M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $83M |
| Retained Earnings | -$84M |
| Treasury Stock | -$708.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$2M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$2M |
| TOTAL LIABILITIES & EQUITY | $27M |
| Total Debt | $8M |
| Net Debt | $3M |
