| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $8M | $6M | -40.4% | -16.8% |
| Op. Income | -$388.8K | $213.8K | $106.7K | -281.8% | -464.2% |
| Gross Margin | 49.0% | 36.0% | 43.7% | 13.0pp | 5.4pp |
| Net Margin | -5.0% | 4.3% | 3.8% | -9.3pp | -8.8pp |
| EPS (Diluted) | $-0.04 | $0.05 | $0.03 | -171.1% | -208.4% |
| Free Cash Flow | $129.5K | -$677.3K | -$108.4K | 119.1% | 219.5% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $249.1K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $71.4K |
| Operating Expenses | $3M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$388.8K |
| Interest Income | $152.4K |
| Interest Expense | $10.3K |
| Other Income/Expenses | $142.2K |
| INCOME BEFORE TAX | -$246.6K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$246.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$244.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$244.2K |
| D&A | $339.3K |
| EBIT | -$236.3K |
| EBITDA | $103.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$244.2K |
| Depreciation & Amortization | $339.3K |
| Stock-Based Compensation | $207.8K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $19.5K |
| Change in Working Capital | $351.0K |
| OPERATING CASH FLOW | $673.4K |
| Capital Expenditure | -$543.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$152.4K |
| Sales/Maturities of Investments | $200.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$496.4K |
| Net Debt Issuance | -$108.9K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $71.1K |
| NET CASH FROM FINANCING | -$37.8K |
| FREE CASH FLOW | $129.5K |
| Net Change in Cash | $139.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $780.0K |
| Short-Term Investments | $11M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $32.5K |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $4M |
| Goodwill | $4M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $109.8K |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $24M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $208.9K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $574.2K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $40M |
| Retained Earnings | -$19M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21M |
| Minority Interest | -$250.5K |
| TOTAL EQUITY | $20M |
| TOTAL LIABILITIES & EQUITY | $24M |
| Total Debt | $901.4K |
| Net Debt | $121.4K |
