| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | $22M | — | 10.0% | — |
| Op. Income | -$1M | -$5M | — | 75.5% | — |
| Gross Margin | 38.9% | 28.8% | — | 10.1pp | — |
| Net Margin | -3.2% | -17.0% | — | 13.8pp | — |
| EPS (Diluted) | $-0.07 | $-0.32 | — | 78.7% | — |
| Free Cash Flow | $0 | $0 | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $10M |
| R&D Expenses | $3M |
| Selling & Marketing | $6M |
| General & Administrative | $2M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $26M |
| OPERATING INCOME | -$1M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $692.7K |
| INCOME BEFORE TAX | -$613.4K |
| Income Tax Expense | $13.6K |
| Net Income from Continuing Ops | -$627.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$797.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$797.9K |
| D&A | $786.5K |
| EBIT | -$1M |
| EBITDA | -$519.6K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$797.9K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $11.8K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $786.1K |
| 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 | $57M |
| Short-Term Investments | $87M |
| Net Receivables | $62M |
| Inventory | $999.4K |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $210M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $14M |
| Tax Assets | $10M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $37M |
| TOTAL ASSETS | $247M |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $73M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $81M |
| Common Stock | $6M |
| Additional Paid-In Capital | $240M |
| Retained Earnings | -$80M |
| Treasury Stock | -$216.3K |
| Accum. Other Comp. Income | $9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $175M |
| Minority Interest | -$9M |
| TOTAL EQUITY | $166M |
| TOTAL LIABILITIES & EQUITY | $247M |
| Total Debt | $8M |
| Net Debt | -$49M |
