| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | — | $583.4K | — | 232.1% |
| Op. Income | -$2M | — | -$3M | — | 22.0% |
| Gross Margin | 55.6% | — | 58.4% | — | -2.9pp |
| Net Margin | -91.6% | — | -267.0% | — | 175.4pp |
| EPS (Diluted) | $-0.31 | — | $-0.32 | — | 2.2% |
| Free Cash Flow | -$1M | — | -$2M | — | 29.1% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $861.0K |
| GROSS PROFIT | $1M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$2M |
| Interest Income | $132.4K |
| Interest Expense | $1M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $61.2K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$589.5K |
| NET INCOME | -$2M |
| Net Income Deductions | -$589.5K |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $138.8K |
| EBIT | -$356.9K |
| EBITDA | -$218.1K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $138.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $466.8K |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$20.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$20.9K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $772.0K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $316.8K |
| Inventory | $506.6K |
| Other Current Assets | $41.5K |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $297.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $297.0K |
| TOTAL ASSETS | $8M |
| Account Payables | $249.2K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $9.5K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $145.3K |
| TOTAL NON-CURRENT LIABILITIES | $237.2K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $23M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$17M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$485.9K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $230.9K |
| Net Debt | -$7M |
