| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $14M | $9M | -12.2% | 37.1% |
| Op. Income | -$679.0K | -$100.0K | -$4M | -579.0% | 81.3% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -0.1% | 3.4% | -41.8% | -3.4pp | 41.8pp |
| EPS (Diluted) | $-0.00 | $0.01 | $-0.11 | -101.6% | 99.8% |
| Free Cash Flow | -$8M | $668.0K | -$2M | -1246.3% | -298.0% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $12M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$679.0K |
| Interest Income | $331.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $672.0K |
| INCOME BEFORE TAX | -$7.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$7.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7.0K |
| D&A | $35.0K |
| EBIT | -$7.0K |
| EBITDA | $28.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7.0K |
| Depreciation & Amortization | $35.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $91.0K |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $10M |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $381.0K |
| TOTAL CURRENT ASSETS | $34M |
| PP&E (Net) | $766.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $45.0K |
| TOTAL NON-CURRENT ASSETS | $811.0K |
| TOTAL ASSETS | $34M |
| Account Payables | $4M |
| Short-Term Debt | $274.0K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $223.0K |
| TOTAL LIABILITIES | $11M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $211M |
| Retained Earnings | -$188M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23M |
| Minority Interest | $0 |
| TOTAL EQUITY | $23M |
| TOTAL LIABILITIES & EQUITY | $34M |
| Total Debt | $497.0K |
| Net Debt | -$15M |
