| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $366.9K | — | $781.2K | — | -53.0% |
| Op. Income | -$1M | — | -$2M | — | 23.9% |
| Gross Margin | -39.9% | — | 4.7% | — | -44.5pp |
| Net Margin | -392.5% | — | -251.9% | — | -140.6pp |
| EPS (Diluted) | $-0.92 | — | $-2.80 | — | 67.1% |
| Free Cash Flow | -$344.2K | — | -$2M | — | 80.2% |
| Item | Amount |
|---|---|
| REVENUE | $366.9K |
| Cost of Revenue | $513.1K |
| GROSS PROFIT | -$146.2K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1M |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $289.1K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | -$247.8K |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $39.9K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $67.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $189.5K |
| Change in Working Capital | $843.7K |
| OPERATING CASH FLOW | -$345.0K |
| Capital Expenditure | $803 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $803 |
| Net Debt Issuance | -$5.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $195.0K |
| NET CASH FROM FINANCING | $219.9K |
| FREE CASH FLOW | -$344.2K |
| Net Change in Cash | -$116.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $0 |
| Short-Term Investments | $0 |
| Net Receivables | $397.6K |
| Inventory | $1M |
| Other Current Assets | $382.8K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $900.1K |
| Goodwill | $0 |
| Intangible Assets | $95.0K |
| Long-Term Investments | $160.1K |
| Tax Assets | $0 |
| Other Non-Current Assets | $72.9K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $3M |
| Account Payables | $3M |
| Short-Term Debt | $280.8K |
| Deferred Revenue | $305.4K |
| Other Current Liabilities | $28.5K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $256.3K |
| TOTAL NON-CURRENT LIABILITIES | $257.4K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $13 |
| Additional Paid-In Capital | $76M |
| Retained Earnings | -$77M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $171.1K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$574.9K |
| Minority Interest | $0 |
| TOTAL EQUITY | -$574.9K |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $588.2K |
| Net Debt | $588.2K |
