| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $5M | — | -46.2% | — |
| Op. Income | -$3M | -$4M | — | 12.2% | — |
| Gross Margin | 38.1% | -34.3% | — | 72.4pp | — |
| Net Margin | -23.2% | -91.2% | — | 68.0pp | — |
| EPS (Diluted) | $-124.80 | $-880.15 | — | 85.8% | — |
| Free Cash Flow | -$314.0K | -$216.0K | — | -45.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $196.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $289.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$632.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$632.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$615.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$615.0K |
| D&A | $196.0K |
| EBIT | -$343.0K |
| EBITDA | -$147.0K |
| EPS | -$125 |
| EPS Diluted | -$125 |
| Item | Amount |
|---|---|
| Net Income | -$615.0K |
| Depreciation & Amortization | $196.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$298.0K |
| Capital Expenditure | -$16.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$16.0K |
| Net Debt Issuance | $410.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$81.0K |
| NET CASH FROM FINANCING | $329.0K |
| FREE CASH FLOW | -$314.0K |
| Net Change in Cash | $12.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $169.0K |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $17M |
| Other Current Assets | $809.0K |
| TOTAL CURRENT ASSETS | $25M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $33M |
| Account Payables | $15M |
| Short-Term Debt | $5M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $970.0K |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $554.0K |
| TOTAL LIABILITIES | $27M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $268M |
| Retained Earnings | -$262M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $244.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | -$149.0K |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $33M |
| Total Debt | $6M |
| Net Debt | $6M |
