| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $736.4K | $937.0K | 37.3% | 7.9% |
| Op. Income | -$3M | -$4M | -$4M | 10.8% | 20.9% |
| Gross Margin | 52.4% | 36.2% | 46.3% | 16.2pp | 6.1pp |
| Net Margin | -304.7% | -485.7% | -415.0% | 181.0pp | 110.3pp |
| EPS (Diluted) | $-0.06 | $-0.08 | $-0.09 | 18.2% | 26.5% |
| Free Cash Flow | -$2M | -$3M | -$4M | 17.7% | 35.9% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $481.0K |
| GROSS PROFIT | $530.0K |
| R&D Expenses | $2M |
| Selling & Marketing | $1M |
| General & Administrative | $915.0K |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$3M |
| Interest Income | $147.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $147.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $82.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $82.0K |
| Stock-Based Compensation | $165.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $34.8K |
| Change in Working Capital | $436.2K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$6.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$837.0K |
| NET CASH FROM INVESTING | -$843.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $38.7K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $807.0K |
| Net Receivables | $325.0K |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $44.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $15M |
| Account Payables | $695.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $269.0K |
| TOTAL LIABILITIES | $5M |
| Common Stock | $0 |
| Additional Paid-In Capital | $107M |
| Retained Earnings | -$97M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $0 |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $15M |
| Total Debt | $520.0K |
| Net Debt | -$9M |
