| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $9M | $6M | -0.0% | 41.2% |
| Op. Income | -$370.0K | -$645.0K | -$292.0K | 42.6% | -26.7% |
| Gross Margin | 43.4% | 43.4% | — | 0.0pp | — |
| Net Margin | 1.2% | -8.3% | 18.4% | 9.5pp | -17.2pp |
| EPS (Diluted) | $0.02 | $-0.10 | $0.11 | 115.1% | -86.3% |
| Free Cash Flow | -$277.0K | -$446.5K | -$261.6K | 38.0% | -5.9% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $4M |
| R&D Expenses | $330.2K |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$370.0K |
| Interest Income | $478.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $122.5K |
| Income Tax Expense | $83.7K |
| Net Income from Continuing Ops | $108.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108.5K |
| D&A | $0 |
| EBIT | $108.5K |
| EBITDA | $108.5K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $108.5K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$478.7K |
| Change in Working Capital | $93.2K |
| OPERATING CASH FLOW | -$277.0K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$236.5K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $234.5K |
| NET CASH FROM INVESTING | -$721.6K |
| Net Debt Issuance | $277.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $236.5K |
| NET CASH FROM FINANCING | $513.5K |
| FREE CASH FLOW | -$277.0K |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $15M |
| Other Current Assets | $278.5K |
| TOTAL CURRENT ASSETS | $29M |
| PP&E (Net) | $24M |
| Goodwill | $0 |
| Intangible Assets | $5M |
| Long-Term Investments | $261.1K |
| Tax Assets | $955.7K |
| Other Non-Current Assets | $549.1K |
| TOTAL NON-CURRENT ASSETS | $31M |
| TOTAL ASSETS | $60M |
| Account Payables | $2M |
| Short-Term Debt | $14M |
| Deferred Revenue | $120.6K |
| Other Current Liabilities | $789.3K |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $9M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $663.4K |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $34M |
| Common Stock | $18M |
| Additional Paid-In Capital | $4M |
| Retained Earnings | $3M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $696.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26M |
| Minority Interest | $0 |
| TOTAL EQUITY | $26M |
| TOTAL LIABILITIES & EQUITY | $60M |
| Total Debt | $28M |
| Net Debt | $6M |
