| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $662.0K | $1M | $327.0K | -34.5% | 102.4% |
| Op. Income | -$4M | -$3M | -$4M | -33.0% | -4.1% |
| Gross Margin | 35.5% | 52.4% | -7.0% | -16.9pp | 42.5pp |
| Net Margin | -626.7% | -304.7% | -1223.2% | -322.0pp | 596.5pp |
| EPS (Diluted) | $-0.08 | $-0.06 | $-0.09 | -26.5% | 9.7% |
| Free Cash Flow | -$3M | -$2M | -$3M | -34.4% | 6.2% |
| Item | Amount |
|---|---|
| REVENUE | $662.0K |
| Cost of Revenue | $427.0K |
| GROSS PROFIT | $235.0K |
| R&D Expenses | $2M |
| Selling & Marketing | $2M |
| General & Administrative | $918.0K |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$4M |
| Interest Income | $144.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $144.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $83.0K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $83.0K |
| Stock-Based Compensation | $240.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$38.0K |
| Change in Working Capital | $711.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$32.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $837.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $805.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $687.0K |
| 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 | $1M |
| Short-Term Debt | $264.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $222.0K |
| TOTAL LIABILITIES | $5M |
| Common Stock | $0 |
| Additional Paid-In Capital | $111M |
| Retained Earnings | -$101M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $0 |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $15M |
| Total Debt | $486.0K |
| Net Debt | -$10M |
