| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $5M | — | -2.4% | — |
| Op. Income | $534.9K | $332.4K | — | 60.9% | — |
| Gross Margin | 80.5% | 80.7% | — | -0.2pp | — |
| Net Margin | 6.8% | 2.0% | — | 4.8pp | — |
| EPS (Diluted) | $0.01 | $0.00 | — | 231.6% | — |
| Free Cash Flow | $1M | -$813.6K | — | 244.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $974.7K |
| GROSS PROFIT | $4M |
| R&D Expenses | $701.6K |
| Selling & Marketing | $974.5K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $534.9K |
| Interest Income | $31.3K |
| Interest Expense | $165.0K |
| Other Income/Expenses | -$133.7K |
| INCOME BEFORE TAX | $401.3K |
| Income Tax Expense | $63.3K |
| Net Income from Continuing Ops | $338.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $338.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $338.0K |
| D&A | $134.8K |
| EBIT | $566.3K |
| EBITDA | $701.1K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $974.7K |
| GROSS PROFIT | $4M |
| R&D Expenses | $701.6K |
| Selling & Marketing | $974.5K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $534.9K |
| Interest Income | $31.3K |
| Interest Expense | $165.0K |
| Other Income/Expenses | -$133.7K |
| INCOME BEFORE TAX | $401.3K |
| Income Tax Expense | $63.3K |
| Net Income from Continuing Ops | $338.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $338.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $338.0K |
| D&A | $134.8K |
| EBIT | $566.3K |
| EBITDA | $701.1K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $338.0K |
| Depreciation & Amortization | $134.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $754 |
| Other Non-Cash Items | $149.0K |
| Change in Working Capital | $644.0K |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$94.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$94.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$368.9K |
| NET CASH FROM FINANCING | -$368.9K |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $803.7K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $237.1K |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $848.0K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $11M |
| Account Payables | $1M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $362.7K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $537.0K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $51.8K |
| Additional Paid-In Capital | $3M |
| Retained Earnings | $4M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $11M |
| Total Debt | $2M |
| Net Debt | $53.7K |
