| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $3M | -0.4% | 2.7% |
| Op. Income | -$476.1K | -$468.6K | -$1M | -1.6% | 64.7% |
| Gross Margin | 33.0% | 31.6% | 34.4% | 1.3pp | -1.4pp |
| Net Margin | -8.0% | -7.6% | -35.1% | -0.4pp | 27.0pp |
| EPS (Diluted) | $-0.03 | $-0.03 | $-0.12 | -4.3% | 75.8% |
| Free Cash Flow | $279.2K | -$1M | -$1M | 127.2% | 123.4% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$476.1K |
| Interest Income | $208.8K |
| Interest Expense | $0 |
| Other Income/Expenses | $208.8K |
| INCOME BEFORE TAX | -$267.3K |
| Income Tax Expense | $1.9K |
| Net Income from Continuing Ops | -$269.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$269.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$269.2K |
| D&A | $48.0K |
| EBIT | -$476.1K |
| EBITDA | -$428.1K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$269.2K |
| Depreciation & Amortization | $48.0K |
| Stock-Based Compensation | $37.2K |
| Deferred Income Tax | $9.2K |
| Other Non-Cash Items | -$1.9K |
| Change in Working Capital | $544.7K |
| OPERATING CASH FLOW | $368.1K |
| Capital Expenditure | -$88.9K |
| Acquisitions (Net) | -$225.0K |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $225.0K |
| NET CASH FROM INVESTING | $136.1K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $35.8K |
| FREE CASH FLOW | $279.2K |
| Net Change in Cash | $540.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $7M |
| Net Receivables | $2M |
| Inventory | $5M |
| Other Current Assets | $942.2K |
| TOTAL CURRENT ASSETS | $17M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $10M |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $21M |
| TOTAL ASSETS | $37M |
| Account Payables | $256.1K |
| Short-Term Debt | $0 |
| Deferred Revenue | $288.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $119.9K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $6M |
| Common Stock | $46.9K |
| Additional Paid-In Capital | $14M |
| Retained Earnings | $17M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31M |
| Minority Interest | $0 |
| TOTAL EQUITY | $31M |
| TOTAL LIABILITIES & EQUITY | $37M |
| Total Debt | $3M |
| Net Debt | $127.4K |
