| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $104.0K | $176.0K | $463.0K | -40.9% | -77.5% |
| Op. Income | -$5M | -$9M | -$8M | 50.0% | 44.2% |
| Gross Margin | 48.1% | 25.6% | 58.7% | 22.5pp | -10.7pp |
| Net Margin | -4355.8% | -5186.9% | -1799.8% | 831.2pp | -2556.0pp |
| EPS (Diluted) | $-0.36 | $-1.13 | $-1.07 | 68.5% | 66.7% |
| Free Cash Flow | -$6M | -$4M | -$7M | -60.1% | 9.7% |
| Item | Amount |
|---|---|
| REVENUE | $104.0K |
| Cost of Revenue | $54.0K |
| GROSS PROFIT | $50.0K |
| R&D Expenses | $2M |
| Selling & Marketing | $853.0K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | -$1M |
| Operating Expenses | $5M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $8.0K |
| Other Income/Expenses | $102.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $326.0K |
| EBIT | -$5M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $326.0K |
| Stock-Based Compensation | $202.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$797.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$191.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$191.0K |
| Net Debt Issuance | -$33.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $85.0K |
| Inventory | $0 |
| Other Current Assets | $627.0K |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $57M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $563.0K |
| TOTAL NON-CURRENT ASSETS | $65M |
| TOTAL ASSETS | $75M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $45M |
| TOTAL LIABILITIES | $52M |
| Common Stock | $326M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$304M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $37.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23M |
| Minority Interest | $0 |
| TOTAL EQUITY | $23M |
| TOTAL LIABILITIES & EQUITY | $75M |
| Total Debt | $4M |
| Net Debt | -$6M |
