| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | — | $2M | — | -11.9% |
| Op. Income | -$807.2K | — | $326.5K | — | -347.2% |
| Gross Margin | 42.4% | — | 51.3% | — | -8.9pp |
| Net Margin | -44.5% | — | 15.7% | — | -60.2pp |
| EPS (Diluted) | $-0.46 | — | $0.20 | — | -336.4% |
| Free Cash Flow | -$2M | — | $495.1K | — | -556.8% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $917.3K |
| GROSS PROFIT | $674.9K |
| R&D Expenses | $13.9K |
| Selling & Marketing | $117.3K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$807.2K |
| Interest Income | $0 |
| Interest Expense | $12.7K |
| Other Income/Expenses | $213.1K |
| INCOME BEFORE TAX | -$594.1K |
| Income Tax Expense | $114.1K |
| Net Income from Continuing Ops | -$708.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$708.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$708.2K |
| D&A | $2.2K |
| EBIT | -$807.2K |
| EBITDA | -$805.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$708.2K |
| Depreciation & Amortization | $412.9K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $501.2K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$1.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$474.0K |
| NET CASH FROM INVESTING | -$475.2K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $43.9K |
| Net Receivables | $142.0K |
| Inventory | -$51.5K |
| Other Current Assets | $400.0K |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $292.0K |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $769.4K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $9M |
| Account Payables | $0 |
| Short-Term Debt | $540.1K |
| Deferred Revenue | $1M |
| Other Current Liabilities | -$39.1K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $523.7K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $178.7K |
| TOTAL NON-CURRENT LIABILITIES | $811.2K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $498 |
| Additional Paid-In Capital | $6M |
| Retained Earnings | $540.3K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9.9K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $9M |
| Total Debt | $1M |
| Net Debt | -$3M |
