| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $12M | $29M | 3.5% | -57.0% |
| Op. Income | -$2M | -$426.6K | -$374.6K | -317.1% | -375.1% |
| Gross Margin | 77.7% | 77.8% | 91.1% | -0.1pp | -13.4pp |
| Net Margin | -28.5% | 7.8% | -1.1% | -36.3pp | -27.4pp |
| EPS (Diluted) | $-0.24 | $0.06 | $-0.01 | -475.0% | -1746.2% |
| Free Cash Flow | -$1M | $2M | -$61.1K | -151.2% | -1922.3% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $8M |
| SG&A Expenses | $11M |
| Other Expenses | $343.1K |
| Operating Expenses | $12M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $80.5K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $11.2K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $2M |
| EBIT | -$2M |
| EBITDA | -$254.9K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $552.1K |
| Deferred Income Tax | $53.6K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$907.8K |
| OPERATING CASH FLOW | -$973.5K |
| Capital Expenditure | -$262.4K |
| Acquisitions (Net) | $174.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$88.4K |
| Net Debt Issuance | -$6.3K |
| Common Stock Repurchased | -$3.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $42.7K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $43M |
| PP&E (Net) | $21M |
| Goodwill | $8M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $907.0K |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $39M |
| TOTAL ASSETS | $82M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $7M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $34M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $13M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $59M |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $49M |
| Retained Earnings | -$25M |
| Treasury Stock | -$870.1K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23M |
| Minority Interest | $25.0K |
| TOTAL EQUITY | $23M |
| TOTAL LIABILITIES & EQUITY | $82M |
| Total Debt | $14M |
| Net Debt | -$3M |
