| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | — | $3M | — | -23.4% |
| Op. Income | -$2M | — | -$389.4K | — | -333.3% |
| Gross Margin | 64.2% | — | 70.1% | — | -6.0pp |
| Net Margin | -71.1% | — | -6.6% | — | -64.6pp |
| EPS (Diluted) | $-0.16 | — | $-0.02 | — | -712.2% |
| Free Cash Flow | -$779.7K | — | $16.1K | — | -4955.5% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $760.2K |
| GROSS PROFIT | $1M |
| R&D Expenses | $1M |
| Selling & Marketing | $202.9K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$2M |
| Interest Income | $157.5K |
| Interest Expense | $0 |
| Other Income/Expenses | $157.5K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$20.8K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $226.7K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $226.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$20.8K |
| Other Non-Cash Items | $28.3K |
| Change in Working Capital | $495.4K |
| OPERATING CASH FLOW | -$779.7K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $39.8K |
| FREE CASH FLOW | -$779.7K |
| Net Change in Cash | -$739.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $229.1K |
| Inventory | $0 |
| Other Current Assets | $868.4K |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $95.3K |
| Goodwill | $6M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $13.9K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $22M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $511.9K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $525.6K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $9.9K |
| Additional Paid-In Capital | $36M |
| Retained Earnings | -$18M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17M |
| Minority Interest | $0 |
| TOTAL EQUITY | $17M |
| TOTAL LIABILITIES & EQUITY | $22M |
| Total Debt | $95.3K |
| Net Debt | -$12M |
