| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13 | $185 | — | -93.0% | — |
| Op. Income | -$640.6K | -$1M | — | 41.7% | — |
| Gross Margin | -875769.2% | -65686.5% | — | -810082.7pp | — |
| Net Margin | -4322307.7% | -565984.3% | — | -3756323.4pp | — |
| EPS (Diluted) | $-0.20 | $-0.40 | — | 50.0% | — |
| Free Cash Flow | -$88.2K | -$402.1K | — | 78.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $13 |
| Cost of Revenue | $113.9K |
| GROSS PROFIT | -$113.8K |
| R&D Expenses | $0 |
| Selling & Marketing | -$54 |
| General & Administrative | $640.6K |
| SG&A Expenses | $640.6K |
| Other Expenses | $0 |
| Operating Expenses | $526.7K |
| Cost & Expenses | $640.6K |
| OPERATING INCOME | -$640.6K |
| Interest Income | $85.6K |
| Interest Expense | $10.9K |
| Other Income/Expenses | $78.7K |
| INCOME BEFORE TAX | -$561.9K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$561.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$561.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$561.9K |
| D&A | $113.9K |
| EBIT | -$551.0K |
| EBITDA | -$437.2K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$561.9K |
| Depreciation & Amortization | $113.9K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $359.8K |
| OPERATING CASH FLOW | -$88.2K |
| Capital Expenditure | $2 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $168.9K |
| NET CASH FROM INVESTING | $168.9K |
| Net Debt Issuance | -$6.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$6.4K |
| FREE CASH FLOW | -$88.2K |
| Net Change in Cash | -$9.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $946 |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $16M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $336.8K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $19M |
| Account Payables | $0 |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $8M |
| Common Stock | $52.8K |
| Additional Paid-In Capital | $51M |
| Retained Earnings | -$41M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$398.9K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $0 |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $19M |
| Total Debt | $5M |
| Net Debt | $5M |
