| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | — | $1M | — | 68.5% |
| Op. Income | $228.7K | — | $199.8K | — | 14.5% |
| Gross Margin | 66.9% | — | 73.2% | — | -6.3pp |
| Net Margin | -12.1% | — | 10.6% | — | -22.7pp |
| EPS (Diluted) | $-1.00 | — | $0.35 | — | -386.9% |
| Free Cash Flow | -$681.5K | — | $2M | — | -141.8% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $689.1K |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $217.6K |
| General & Administrative | $943.6K |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $228.7K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$157.0K |
| Income Tax Expense | $94.2K |
| Net Income from Continuing Ops | -$251.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$251.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$251.0K |
| D&A | $240.1K |
| EBIT | $228.7K |
| EBITDA | $468.8K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$251.1K |
| Depreciation & Amortization | $284.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$551.3K |
| Change in Working Capital | $29.7K |
| OPERATING CASH FLOW | -$487.9K |
| Capital Expenditure | -$193.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $441.6K |
| Other Investing Activities | -$16.4K |
| NET CASH FROM INVESTING | $231.6K |
| Net Debt Issuance | $510.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$441.6K |
| NET CASH FROM FINANCING | $68.4K |
| FREE CASH FLOW | -$681.5K |
| Net Change in Cash | -$187.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $20.3K |
| Inventory | $1M |
| Other Current Assets | $455.3K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $79.9K |
| Long-Term Investments | $35M |
| Tax Assets | -$7M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $35M |
| TOTAL ASSETS | $35M |
| Account Payables | $733.1K |
| Short-Term Debt | $1M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $48.9K |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $4M |
| Common Stock | $50.0K |
| Additional Paid-In Capital | $2M |
| Retained Earnings | -$3M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $341.7K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31M |
| Minority Interest | $0 |
| TOTAL EQUITY | $31M |
| TOTAL LIABILITIES & EQUITY | $35M |
| Total Debt | $2M |
| Net Debt | $584.1K |
