| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $651.2K | $677.0K | — | -3.8% | — |
| Op. Income | -$458.7K | -$401.1K | — | -14.4% | — |
| Gross Margin | -3.9% | 14.6% | — | -18.5pp | — |
| Net Margin | -72.6% | -65.2% | — | -7.3pp | — |
| EPS (Diluted) | $-0.36 | $-0.35 | — | -4.1% | — |
| Free Cash Flow | -$512.7K | -$706.1K | — | 27.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $651.2K |
| Cost of Revenue | $676.6K |
| GROSS PROFIT | -$25.4K |
| R&D Expenses | $0 |
| Selling & Marketing | $33.1K |
| General & Administrative | $673.2K |
| SG&A Expenses | $706.3K |
| Other Expenses | -$272.9K |
| Operating Expenses | $433.3K |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$458.7K |
| Interest Income | $0 |
| Interest Expense | $13.8K |
| Other Income/Expenses | -$13.8K |
| INCOME BEFORE TAX | -$472.5K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$472.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$472.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$472.5K |
| D&A | $257.4K |
| EBIT | -$458.7K |
| EBITDA | -$201.3K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$472.5K |
| Depreciation & Amortization | $257.4K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $47.7K |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$167.5K |
| Capital Expenditure | -$345.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$345.2K |
| Net Debt Issuance | -$20.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$32.7K |
| NET CASH FROM FINANCING | $352.7K |
| FREE CASH FLOW | -$512.7K |
| Net Change in Cash | -$171.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $346.1K |
| Short-Term Investments | $0 |
| Net Receivables | $722.2K |
| Inventory | $0 |
| Other Current Assets | $373.9K |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $379.9K |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $5M |
| Account Payables | $1M |
| Short-Term Debt | $194.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $94.6K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $87.9K |
| TOTAL NON-CURRENT LIABILITIES | $257.2K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $35M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$34M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $5M |
| Total Debt | $452.3K |
| Net Debt | $106.3K |
