| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $976.0K | $1M | $159.0K | -2.5% | 513.8% |
| Op. Income | -$11M | -$11M | -$12M | -3.7% | 3.4% |
| Gross Margin | -65.4% | -65.4% | -874.2% | 0.1pp | 808.8pp |
| Net Margin | -1127.6% | -1060.1% | -7157.9% | -67.4pp | 6030.3pp |
| EPS (Diluted) | $-0.23 | $-0.40 | $-0.27 | 42.5% | 14.8% |
| Free Cash Flow | -$11M | -$13M | -$7M | 9.2% | -63.4% |
| Item | Amount |
|---|---|
| REVENUE | $976.0K |
| Cost of Revenue | $2M |
| GROSS PROFIT | -$638.0K |
| R&D Expenses | $1M |
| Selling & Marketing | $4M |
| General & Administrative | $5M |
| SG&A Expenses | $9M |
| Other Expenses | $105.0K |
| Operating Expenses | $11M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$11M |
| Interest Income | $107.0K |
| Interest Expense | $6.0K |
| Other Income/Expenses | $187.0K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $229.0K |
| EBIT | -$11M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $229.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | $151.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $0 |
| Net Receivables | $160.0K |
| Inventory | $683.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $28M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $947.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $34M |
| Account Payables | $903.0K |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $18M |
| Common Stock | $49.0K |
| Additional Paid-In Capital | $140M |
| Retained Earnings | -$180M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16M |
| Minority Interest | $0 |
| TOTAL EQUITY | $16M |
| TOTAL LIABILITIES & EQUITY | $34M |
| Total Debt | $14M |
| Net Debt | -$11M |
