| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $9M | $11M | -33.8% | -46.2% |
| Op. Income | -$2M | -$200.3K | -$2M | -879.0% | -5.3% |
| Gross Margin | 10.4% | 19.8% | 7.5% | -9.5pp | 2.9pp |
| Net Margin | -31.7% | -1.4% | -22.1% | -30.2pp | -9.5pp |
| EPS (Diluted) | $-0.04 | $-0.00 | $-0.06 | -1323.1% | 35.9% |
| Free Cash Flow | -$2M | -$2M | -$2M | 9.5% | -10.7% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $638.0K |
| R&D Expenses | $176.1K |
| Selling & Marketing | $41.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $17.5K |
| Operating Expenses | $3M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$2M |
| Interest Income | $12.6K |
| Interest Expense | $0 |
| Other Income/Expenses | $15.2K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $17.5K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $17.5K |
| Stock-Based Compensation | $298.1K |
| Deferred Income Tax | $332.0K |
| Other Non-Cash Items | -$332.0K |
| Change in Working Capital | -$448.7K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$7 |
| 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 | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $17M |
| PP&E (Net) | $95.6K |
| Goodwill | $0 |
| Intangible Assets | $40.9K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $136.4K |
| TOTAL ASSETS | $18M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $5M |
| Common Stock | $5.3K |
| Additional Paid-In Capital | $41M |
| Retained Earnings | -$28M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$663.3K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $10.5K |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $18M |
| Total Debt | $35.3K |
| Net Debt | -$2M |
