| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $978.9K | $940.6K | $747.3K | 4.1% | 31.0% |
| Op. Income | -$173.7K | -$170.9K | -$94.8K | -1.6% | -83.2% |
| Gross Margin | 55.5% | 56.3% | 57.4% | -0.8pp | -1.9pp |
| Net Margin | -18.0% | -18.4% | -12.9% | 0.3pp | -5.2pp |
| EPS (Diluted) | $-0.40 | $-0.39 | $-0.22 | -2.6% | -81.8% |
| Free Cash Flow | -$318.9K | -$124.5K | -$44.0K | -156.2% | -625.3% |
| Item | Amount |
|---|---|
| REVENUE | $978.9K |
| Cost of Revenue | $435.9K |
| GROSS PROFIT | $543.1K |
| R&D Expenses | $5.1K |
| Selling & Marketing | $165.3K |
| General & Administrative | $546.4K |
| SG&A Expenses | $711.7K |
| Other Expenses | $0 |
| Operating Expenses | $716.8K |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$173.7K |
| Interest Income | $0 |
| Interest Expense | $2.9K |
| Other Income/Expenses | -$2.9K |
| INCOME BEFORE TAX | -$176.6K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$176.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$176.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$176.6K |
| D&A | $88.9K |
| EBIT | -$173.7K |
| EBITDA | -$84.8K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$176.6K |
| Depreciation & Amortization | $88.9K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$181.8K |
| OPERATING CASH FLOW | -$269.5K |
| Capital Expenditure | -$49.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$49.3K |
| Net Debt Issuance | $130.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $130.0K |
| FREE CASH FLOW | -$318.9K |
| Net Change in Cash | -$188.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $256.1K |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | -$2.4K |
| TOTAL CURRENT ASSETS | $275.0K |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $42M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$42M |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $2M |
| Account Payables | $23.8K |
| Short-Term Debt | $130.0K |
| Deferred Revenue | $3M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $6M |
| Common Stock | $158 |
| Additional Paid-In Capital | $80.4K |
| Retained Earnings | -$4M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$4M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$4M |
| TOTAL LIABILITIES & EQUITY | $2M |
| Total Debt | $4M |
| Net Debt | $3M |
