| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $8M | $434.0K | 44.2% | 2480.6% |
| Op. Income | -$1M | -$4M | -$11M | 67.8% | 88.1% |
| Gross Margin | 85.4% | 80.4% | 69.4% | 4.9pp | 16.0pp |
| Net Margin | 16.6% | -176.9% | -4686.6% | 193.6pp | 4703.3pp |
| EPS (Diluted) | $0.06 | $-0.48 | $-1.14 | 111.9% | 105.1% |
| Free Cash Flow | -$4M | -$5M | -$9M | 15.3% | 57.9% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $10M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$1M |
| Interest Income | $113.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| 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 | $98.0K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $31.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$216.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$697.0K |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $436.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $6M |
| Net Receivables | $7M |
| Inventory | $7M |
| Other Current Assets | $603.0K |
| TOTAL CURRENT ASSETS | $29M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $32M |
| Account Payables | $937.0K |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $563.0K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $23M |
| Common Stock | $280.0K |
| Additional Paid-In Capital | $536M |
| Retained Earnings | -$528M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $11.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $0 |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $32M |
| Total Debt | $3M |
| Net Debt | -$5M |
