| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $1M | $8M | 82.3% | -70.2% |
| Op. Income | -$5M | -$5M | -$919.1K | 2.3% | -460.0% |
| Gross Margin | -114.5% | -62.2% | 8.5% | -52.3pp | -123.1pp |
| Net Margin | -1388.8% | -305.4% | -8.5% | -1083.4pp | -1380.3pp |
| EPS (Diluted) | $-30.90 | $-3.70 | $-0.65 | -735.1% | -4624.8% |
| Free Cash Flow | -$60M | -$1M | $6M | -4393.5% | -1069.9% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $5M |
| GROSS PROFIT | -$3M |
| R&D Expenses | $0 |
| Selling & Marketing | $13.6K |
| General & Administrative | $690.0K |
| SG&A Expenses | $703.6K |
| Other Expenses | $2M |
| Operating Expenses | $2M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$5M |
| Interest Income | $34.8K |
| Interest Expense | $24.8K |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | -$34M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$33M |
| D&A | $5M |
| EBIT | -$34M |
| EBITDA | -$29M |
| EPS | -$31 |
| EPS Diluted | -$31 |
| Item | Amount |
|---|---|
| Net Income | -$33M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $29M |
| Change in Working Capital | $707.2K |
| OPERATING CASH FLOW | $518.3K |
| Capital Expenditure | -$60M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | -$263.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$971 |
| NET CASH FROM FINANCING | -$264.1K |
| FREE CASH FLOW | -$60M |
| Net Change in Cash | -$60M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $413.8K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $159M |
| Goodwill | $0 |
| Intangible Assets | $10M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $173M |
| TOTAL ASSETS | $194M |
| Account Payables | $133.6K |
| Short-Term Debt | $0 |
| Deferred Revenue | $15.5K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $27M |
| Common Stock | $24.6K |
| Additional Paid-In Capital | $102M |
| Retained Earnings | $86M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $167M |
| Minority Interest | $0 |
| TOTAL EQUITY | $167M |
| TOTAL LIABILITIES & EQUITY | $194M |
| Total Debt | $9M |
| Net Debt | -$2M |
