Q3 2024 Earnings

Reported October 30, 2024

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q3 2024	Q2 2024	Q3 2023	QoQ Change	YoY Change
Revenue	$6M	$4M	—	51.1%	—
Op. Income	-$13M	-$13M	—	0.9%	—
Gross Margin	-12.5%	-41.2%	—	28.8pp	—
Net Margin	-222.5%	-325.7%	—	103.2pp	—
EPS (Diluted)	$-0.17	$-0.17	—	0.0%	—

Income Statement

Item	Amount
REVENUE	$6M
Cost of Revenue	$7M
GROSS PROFIT	-$764.0K
R&D Expenses	$4M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$8M
Other Expenses	$0
Operating Expenses	$12M
Cost & Expenses	$19M
OPERATING INCOME	-$13M
Interest Income	$0
Interest Expense	$2M
Other Income/Expenses	-$1M
INCOME BEFORE TAX	-$14M
Income Tax Expense	-$148.0K
Net Income from Continuing Ops	-$14M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$14M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$14M
D&A	$2M
EBIT	-$12M
EBITDA	-$10M
EPS	-$0
EPS Diluted	-$0