| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | — | $4M | — | 5.1% |
| Op. Income | -$1M | — | -$4M | — | 70.7% |
| Gross Margin | 44.0% | — | 35.2% | — | 8.9pp |
| Net Margin | -47.4% | — | -104.2% | — | 56.8pp |
| EPS (Diluted) | $-0.89 | — | $-1.98 | — | 55.1% |
| Free Cash Flow | -$4M | — | -$3M | — | -27.4% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $55.3K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $1M |
| Operating Expenses | $3M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $111.3K |
| Other Income/Expenses | -$466.9K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $138.8K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $17.7K |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $255.2K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $510.5K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$379.3K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$226.7K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $113.4K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$7.2K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $44.0K |
| NET CASH FROM FINANCING | $36.8K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $682.8K |
| Inventory | $434.2K |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $23.1K |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $572.6K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $16M |
| Account Payables | $1M |
| Short-Term Debt | $470.7K |
| Deferred Revenue | $3M |
| Other Current Liabilities | $250.6K |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $108.3K |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $9.9K |
| Additional Paid-In Capital | $19M |
| Retained Earnings | -$16M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$140.6K |
| Other Equity | -$1M |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | -$70.8K |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $16M |
| Total Debt | $4M |
| Net Debt | $2M |
