| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $618.7K | $441.0K | $583.8K | 40.3% | 6.0% |
| Op. Income | -$454.1K | -$851.8K | -$2M | 46.7% | 72.3% |
| Gross Margin | 98.8% | 86.9% | 100.0% | 11.9pp | -1.2pp |
| Net Margin | -76.2% | -182.6% | -270.4% | 106.5pp | 194.2pp |
| EPS (Diluted) | $-0.05 | $-0.08 | $-0.20 | 42.2% | 75.5% |
| Free Cash Flow | -$412.0K | -$687.6K | -$595.3K | 40.1% | 30.8% |
| Item | Amount |
|---|---|
| REVENUE | $618.7K |
| Cost of Revenue | $7.6K |
| GROSS PROFIT | $611.0K |
| R&D Expenses | $151.2K |
| Selling & Marketing | $298.9K |
| General & Administrative | $564.4K |
| SG&A Expenses | $863.3K |
| Other Expenses | $50.6K |
| Operating Expenses | $1M |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$454.1K |
| Interest Income | $34.3K |
| Interest Expense | $0 |
| Other Income/Expenses | -$17.2K |
| INCOME BEFORE TAX | -$471.3K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$471.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$471.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$471.3K |
| D&A | $50.6K |
| EBIT | -$454.1K |
| EBITDA | -$403.5K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$471.3K |
| Depreciation & Amortization | $50.6K |
| Stock-Based Compensation | $50.1K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$434.9K |
| Change in Working Capital | $393.4K |
| OPERATING CASH FLOW | -$412.0K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2.5K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$5.2K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$48.5K |
| NET CASH FROM FINANCING | -$53.8K |
| FREE CASH FLOW | -$412.0K |
| Net Change in Cash | -$468.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $165.8K |
| Inventory | $0 |
| Other Current Assets | $48.5K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $61.9K |
| Goodwill | $606.7K |
| Intangible Assets | $510.3K |
| Long-Term Investments | $173.3K |
| Tax Assets | $0 |
| Other Non-Current Assets | $20.7K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $4M |
| Account Payables | $121.5K |
| Short-Term Debt | $27.7K |
| Deferred Revenue | $200.9K |
| Other Current Liabilities | -$27.7K |
| TOTAL CURRENT LIABILITIES | $350.1K |
| 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 | $529.0K |
| Common Stock | $113 |
| Additional Paid-In Capital | $13M |
| Retained Earnings | -$9M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $27.7K |
| Net Debt | -$3M |
