| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $4M | $2M | 0.3% | 56.4% |
| Op. Income | -$11M | -$11M | -$12M | -1.1% | 6.8% |
| Gross Margin | 52.4% | 49.7% | 48.2% | 2.7pp | 4.1pp |
| Net Margin | -283.4% | -279.7% | -461.7% | -3.7pp | 178.2pp |
| EPS (Diluted) | $-0.14 | $-0.14 | $-0.15 | 0.0% | 6.7% |
| Free Cash Flow | -$9M | -$9M | -$9M | 8.2% | 3.4% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $2M |
| R&D Expenses | $6M |
| Selling & Marketing | $2M |
| General & Administrative | $5M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$11M |
| Interest Income | $585.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $637.0K |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $259.0K |
| EBIT | -$11M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $259.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $44.0K |
| Change in Working Capital | $404.0K |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$159.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$159.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $851.0K |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $7M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $64M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $69M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $648.0K |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $11M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $342M |
| Retained Earnings | -$284M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $58M |
| Minority Interest | $0 |
| TOTAL EQUITY | $58M |
| TOTAL LIABILITIES & EQUITY | $69M |
| Total Debt | $113.0K |
| Net Debt | -$46M |
