| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $441.0K | $411.1K | $601.9K | 7.3% | -26.7% |
| Op. Income | -$851.8K | -$1M | -$246.4K | 16.4% | -245.7% |
| Gross Margin | 86.9% | 97.9% | 100.0% | -11.0pp | -13.1pp |
| Net Margin | -182.6% | -234.5% | -66.1% | 51.8pp | -116.5pp |
| EPS (Diluted) | $-0.08 | $-0.10 | $-0.05 | 16.5% | -82.9% |
| Free Cash Flow | -$687.6K | -$1M | -$108.2K | 40.3% | -535.4% |
| Item | Amount |
|---|---|
| REVENUE | $441.0K |
| Cost of Revenue | $57.7K |
| GROSS PROFIT | $383.3K |
| R&D Expenses | $154.0K |
| Selling & Marketing | $49.4K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $2.5K |
| Operating Expenses | $1M |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$851.8K |
| Interest Income | $43.9K |
| Interest Expense | $0 |
| Other Income/Expenses | $46.3K |
| INCOME BEFORE TAX | -$805.4K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$805.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$805.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$805.4K |
| D&A | $49.7K |
| EBIT | -$851.8K |
| EBITDA | -$802.1K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$805.4K |
| Depreciation & Amortization | $49.7K |
| Stock-Based Compensation | $105.1K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$30.1K |
| OPERATING CASH FLOW | -$680.8K |
| Capital Expenditure | -$6.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6.8K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$687.6K |
| Net Change in Cash | -$687.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $111.2K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $76.4K |
| Goodwill | $606.7K |
| Intangible Assets | $556.4K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $95.6K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $5M |
| Account Payables | $187.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $86.6K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $314.8K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $178.8K |
| TOTAL NON-CURRENT LIABILITIES | $178.8K |
| TOTAL LIABILITIES | $493.7K |
| Common Stock | $110 |
| Additional Paid-In Capital | $13M |
| Retained Earnings | -$8M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $5M |
| Total Debt | $41.2K |
| Net Debt | -$3M |
