| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | — | $6M | — | -17.5% |
| Op. Income | -$7M | — | -$5M | — | -39.2% |
| Gross Margin | 55.9% | — | 57.5% | — | -1.5pp |
| Net Margin | -124.1% | — | -74.6% | — | -49.5pp |
| EPS (Diluted) | $-0.26 | — | $-0.20 | — | -30.0% |
| Free Cash Flow | -$4M | — | -$4M | — | -0.3% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$7M |
| Interest Income | $150.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $155.0K |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | $71.0K |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $213.0K |
| EBIT | -$7M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $213.0K |
| Stock-Based Compensation | $649.0K |
| Deferred Income Tax | $15.0K |
| Other Non-Cash Items | -$89.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$10.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $655.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $645.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $167.0K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $4M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $32M |
| PP&E (Net) | $8M |
| Goodwill | $8M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $125.0K |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $49M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1M |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16.0K |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $25.0K |
| Additional Paid-In Capital | $63M |
| Retained Earnings | -$33M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$87.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $30M |
| Minority Interest | $0 |
| TOTAL EQUITY | $30M |
| TOTAL LIABILITIES & EQUITY | $44M |
| Total Debt | $10M |
| Net Debt | -$5M |
