| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $9M | — | 64.9% | — |
| Op. Income | -$12M | -$10M | — | -14.3% | — |
| Gross Margin | 62.4% | 61.9% | — | 0.5pp | — |
| Net Margin | -70.1% | -102.6% | — | 32.5pp | — |
| EPS (Diluted) | $-0.16 | $-0.15 | — | -8.0% | — |
| Free Cash Flow | $0 | $0 | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $9M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$12M |
| Interest Income | $988.2K |
| Interest Expense | $116.7K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $2.6K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $0 |
| EBIT | -$10M |
| EBITDA | -$10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$182.2K |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| 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 | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $91M |
| Short-Term Investments | $49M |
| Net Receivables | $7M |
| Inventory | $10M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $165M |
| PP&E (Net) | $24M |
| Goodwill | $0 |
| Intangible Assets | $348.0K |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $301.4K |
| TOTAL NON-CURRENT ASSETS | $27M |
| TOTAL ASSETS | $192M |
| Account Payables | $11M |
| Short-Term Debt | $24M |
| Deferred Revenue | $21M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $78M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $104.9K |
| Deferred Tax Liabilities | $42.7K |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $99M |
| Common Stock | $12.4K |
| Additional Paid-In Capital | $367M |
| Retained Earnings | -$276M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $93M |
| Minority Interest | $38.9K |
| TOTAL EQUITY | $93M |
| TOTAL LIABILITIES & EQUITY | $192M |
| Total Debt | $45M |
| Net Debt | -$46M |
