| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $2M | — | 30.0% | — |
| Op. Income | $6.9K | -$1M | — | 100.7% | — |
| Gross Margin | 63.9% | 78.9% | — | -15.0pp | — |
| Net Margin | 0.8% | -41.6% | — | 42.4pp | — |
| EPS (Diluted) | $0.00 | $-0.06 | — | 100.0% | — |
| Free Cash Flow | $154.9K | -$434.5K | — | 135.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $2M |
| R&D Expenses | $659.7K |
| Selling & Marketing | $384.2K |
| General & Administrative | $845.4K |
| SG&A Expenses | $1M |
| Other Expenses | $128.7K |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $6.9K |
| Interest Income | $18.9K |
| Interest Expense | $0 |
| Other Income/Expenses | $18.9K |
| INCOME BEFORE TAX | $25.9K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $25.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25.9K |
| D&A | $117.0K |
| EBIT | $35.1K |
| EBITDA | $152.1K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $2M |
| R&D Expenses | $659.7K |
| Selling & Marketing | $384.2K |
| General & Administrative | $845.4K |
| SG&A Expenses | $1M |
| Other Expenses | $128.7K |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $6.9K |
| Interest Income | $18.9K |
| Interest Expense | $0 |
| Other Income/Expenses | $18.9K |
| INCOME BEFORE TAX | $25.9K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $25.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25.9K |
| D&A | $117.0K |
| EBIT | $35.1K |
| EBITDA | $152.1K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $25.9K |
| Depreciation & Amortization | $117.0K |
| Stock-Based Compensation | $40.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $132.9K |
| Change in Working Capital | -$144.4K |
| OPERATING CASH FLOW | $171.9K |
| Capital Expenditure | -$16.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$16.9K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | $154.9K |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $901.2K |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $260.9K |
| Goodwill | $11M |
| Intangible Assets | $261.8K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11.1K |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $22M |
| Account Payables | $295.8K |
| Short-Term Debt | $0 |
| Deferred Revenue | $263.3K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $57.7K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $20.3K |
| Additional Paid-In Capital | $82M |
| Retained Earnings | -$64M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18M |
| Minority Interest | $0 |
| TOTAL EQUITY | $18M |
| TOTAL LIABILITIES & EQUITY | $22M |
| Total Debt | $201.6K |
| Net Debt | -$8M |
