| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | $21M | $18M | -1.9% | 15.4% |
| Op. Income | -$14M | -$16M | -$15M | 9.6% | 6.9% |
| Gross Margin | 73.7% | 73.7% | 73.7% | 0.1pp | -0.0pp |
| Net Margin | -69.4% | -73.7% | -84.3% | 4.4pp | 15.0pp |
| EPS (Diluted) | $-0.36 | $-0.39 | $-0.39 | 7.7% | 7.7% |
| Free Cash Flow | -$8M | -$6M | -$9M | -22.7% | 16.0% |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $15M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $35M |
| OPERATING INCOME | -$14M |
| Interest Income | $1M |
| Interest Expense | $891.0K |
| Other Income/Expenses | $177.0K |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | $192.0K |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $376.0K |
| EBIT | -$13M |
| EBITDA | -$13M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $376.0K |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$138.0K |
| Change in Working Capital | $825.0K |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$416.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $459.0K |
| NET CASH FROM FINANCING | $459.0K |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$151.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $63M |
| Short-Term Investments | $44M |
| Net Receivables | $12M |
| Inventory | $17M |
| Other Current Assets | $456.0K |
| TOTAL CURRENT ASSETS | $141M |
| PP&E (Net) | $21M |
| Goodwill | $2M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $167M |
| Account Payables | $5M |
| Short-Term Debt | $762.0K |
| Deferred Revenue | $109.0K |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $37M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $129.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $55M |
| TOTAL LIABILITIES | $73M |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $546M |
| Retained Earnings | -$454M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $94M |
| Minority Interest | $0 |
| TOTAL EQUITY | $94M |
| TOTAL LIABILITIES & EQUITY | $167M |
| Total Debt | $56M |
| Net Debt | -$7M |
