| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $5M | — | -19.4% | — |
| Op. Income | -$2M | -$683.0K | — | -120.7% | — |
| Gross Margin | 19.8% | 40.3% | — | -20.4pp | — |
| Net Margin | -48.0% | -26.4% | — | -21.6pp | — |
| EPS (Diluted) | $-37.40 | $-25.56 | — | -46.3% | — |
| Free Cash Flow | -$2M | $741.4K | — | -402.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $805.9K |
| R&D Expenses | $111.3K |
| Selling & Marketing | $179.4K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$2M |
| Interest Income | $2.0K |
| Interest Expense | $37.0K |
| Other Income/Expenses | -$776.1K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$72.2K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $186.9K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$37 |
| EPS Diluted | -$37 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $186.9K |
| Stock-Based Compensation | $56.0K |
| Deferred Income Tax | -$72.8K |
| Other Non-Cash Items | $900.8K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$39.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | -$78.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$407.6K |
| Other Financing Activities | $108.1K |
| NET CASH FROM FINANCING | -$377.5K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $435.5K |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $199.2K |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $3M |
| Goodwill | $3M |
| Intangible Assets | $4M |
| Long-Term Investments | $650.0K |
| Tax Assets | $395.7K |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $24M |
| Account Payables | $2M |
| Short-Term Debt | $942.0K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $685.4K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $20M |
| Common Stock | $2.1K |
| Additional Paid-In Capital | $19M |
| Retained Earnings | -$18M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $325.9K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $2M |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $24M |
| Total Debt | $5M |
| Net Debt | $770.6K |
