| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $9M | — | -0.6% | — |
| Op. Income | -$5M | -$4M | — | -15.2% | — |
| Gross Margin | -33.2% | -31.4% | — | -1.8pp | — |
| Net Margin | -69.9% | -51.6% | — | -18.3pp | — |
| EPS (Diluted) | $-0.21 | $-0.16 | — | -31.2% | — |
| Free Cash Flow | -$5M | $436.2K | — | -1168.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $12M |
| GROSS PROFIT | -$3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $727.7K |
| Operating Expenses | $2M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $4.5K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $4M |
| EBIT | -$6M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $516.4K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$199.1K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$277.8K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$938.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $588.6K |
| Short-Term Investments | $0 |
| Net Receivables | $974.8K |
| Inventory | $5M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $27M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $32M |
| TOTAL ASSETS | $39M |
| Account Payables | $0 |
| Short-Term Debt | $148.3K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $12M |
| Common Stock | $48M |
| Additional Paid-In Capital | $15M |
| Retained Earnings | -$33M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27M |
| Minority Interest | $0 |
| TOTAL EQUITY | $27M |
| TOTAL LIABILITIES & EQUITY | $39M |
| Total Debt | $511.3K |
| Net Debt | -$77.3K |
