| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $9M | — | -30.2% | — |
| Op. Income | -$2M | -$2M | — | 0.0% | — |
| Gross Margin | 8.3% | 9.4% | — | -1.1pp | — |
| Net Margin | -19.0% | -8.6% | — | -10.4pp | — |
| EPS (Diluted) | $-0.10 | $-0.06 | — | -53.8% | — |
| Free Cash Flow | -$868.9K | -$1M | — | 16.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $509.9K |
| R&D Expenses | $811.5K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$2M |
| Interest Income | $155.4K |
| Interest Expense | $0 |
| Other Income/Expenses | -$67.9K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$312.8K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $239.8K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $87.1K |
| Stock-Based Compensation | $70.1K |
| Deferred Income Tax | -$308.1K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$779.0K |
| Capital Expenditure | -$89.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $779.6K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | $3.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $3.1K |
| FREE CASH FLOW | -$868.9K |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $25M |
| Net Receivables | $10M |
| Inventory | $1M |
| Other Current Assets | $128.5K |
| TOTAL CURRENT ASSETS | $44M |
| PP&E (Net) | $2M |
| Goodwill | $273.3K |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $134.2K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $50M |
| Account Payables | $6M |
| Short-Term Debt | $233.5K |
| Deferred Revenue | $195.6K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $12M |
| Common Stock | $14.3K |
| Additional Paid-In Capital | $15M |
| Retained Earnings | $27M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $37M |
| Minority Interest | $1M |
| TOTAL EQUITY | $38M |
| TOTAL LIABILITIES & EQUITY | $50M |
| Total Debt | $2M |
| Net Debt | -$5M |
