| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $0 | -23.9% | — |
| Op. Income | -$757.0K | $228.7K | -$198.0K | -430.9% | -282.3% |
| Gross Margin | 67.0% | 66.9% | — | 0.1pp | — |
| Net Margin | -24.8% | -12.1% | — | -12.8pp | — |
| EPS (Diluted) | $-1.57 | $-1.00 | $0.79 | -56.6% | -299.0% |
| Free Cash Flow | -$744.4K | -$681.5K | -$243.4K | -9.2% | -205.8% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $522.1K |
| GROSS PROFIT | $1M |
| R&D Expenses | $45.0K |
| Selling & Marketing | $421.9K |
| General & Administrative | $835.6K |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$757.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$299.0K |
| Income Tax Expense | $93.9K |
| Net Income from Continuing Ops | -$393.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$393.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$393.0K |
| D&A | $228.2K |
| EBIT | -$299.0K |
| EBITDA | -$13.7K |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$393.1K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$457.9K |
| Change in Working Capital | $106.6K |
| OPERATING CASH FLOW | -$744.4K |
| Capital Expenditure | $4 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$210.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$49.2K |
| NET CASH FROM INVESTING | -$210.0K |
| Net Debt Issuance | -$450.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$25M |
| NET CASH FROM FINANCING | $560.0K |
| FREE CASH FLOW | -$744.4K |
| Net Change in Cash | -$394.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31.5K |
| Short-Term Investments | $0 |
| Net Receivables | $47.8K |
| Inventory | $0 |
| Other Current Assets | -$47.8K |
| TOTAL CURRENT ASSETS | $115.4K |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $36M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$2M |
| TOTAL NON-CURRENT ASSETS | $36M |
| TOTAL ASSETS | $36M |
| Account Payables | $0 |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $878.8K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $5M |
| Common Stock | $35M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$4M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31M |
| Minority Interest | $0 |
| TOTAL EQUITY | $31M |
| TOTAL LIABILITIES & EQUITY | $36M |
| Total Debt | $2M |
| Net Debt | $2M |
