| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $3M | $12M | 52.3% | -65.8% |
| Op. Income | -$538.0K | -$3M | -$7M | 84.6% | 92.2% |
| Gross Margin | 75.0% | 38.1% | 26.5% | 36.8pp | 48.4pp |
| Net Margin | -93.0% | -23.2% | -85.7% | -69.9pp | -7.3pp |
| EPS (Diluted) | $-213.85 | $-124.80 | $-1892.38 | -71.4% | 88.7% |
| Free Cash Flow | -$5M | -$314.0K | -$4M | -1452.5% | -28.6% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $2M |
| Operating Expenses | $4M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$538.0K |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $185.0K |
| EBIT | -$538.0K |
| EBITDA | -$353.0K |
| EPS | -$214 |
| EPS Diluted | -$214 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $185.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$22.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$22.0K |
| Net Debt Issuance | -$499.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $393.0K |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $16M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $27M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $34M |
| Account Payables | $11M |
| Short-Term Debt | $9M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $326.0K |
| TOTAL LIABILITIES | $24M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $275M |
| Retained Earnings | -$266M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $248.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | -$149.0K |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $34M |
| Total Debt | $10M |
| Net Debt | $8M |
