| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43M | — | — | — | — |
| Op. Income | -$2M | — | — | — | — |
| Gross Margin | 89.8% | — | — | — | — |
| Net Margin | -12.3% | — | — | — | — |
| EPS (Diluted) | $-0.07 | — | — | — | — |
| Free Cash Flow | -$29M | — | -$35M | — | 18.7% |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $401.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $36M |
| Operating Expenses | $40M |
| Cost & Expenses | $45M |
| OPERATING INCOME | -$2M |
| Interest Income | $665.0K |
| Interest Expense | $30.0K |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | -$1M |
| 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 | $8M |
| EBIT | -$2M |
| EBITDA | $5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$46M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | -$66.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $65M |
| NET CASH FROM FINANCING | $65M |
| FREE CASH FLOW | -$29M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $90M |
| Short-Term Investments | $1M |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $109M |
| PP&E (Net) | $296M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $308M |
| TOTAL ASSETS | $417M |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $32M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $107.0K |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $35M |
| Common Stock | $1.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$665M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $382M |
| Minority Interest | $0 |
| TOTAL EQUITY | $382M |
| TOTAL LIABILITIES & EQUITY | $417M |
| Total Debt | $1M |
| Net Debt | -$89M |
