| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $866.7K | $2M | $3M | -56.1% | -73.2% |
| Op. Income | -$19M | -$20M | -$17M | 8.7% | -8.2% |
| Gross Margin | -1495.3% | -743.8% | -356.8% | -751.5pp | -1138.5pp |
| Net Margin | -2408.8% | -972.4% | -450.2% | -1436.4pp | -1958.6pp |
| EPS (Diluted) | $-0.62 | $-0.57 | $-0.45 | -8.9% | -40.0% |
| Free Cash Flow | -$17M | -$19M | -$17M | 8.0% | -1.4% |
| Item | Amount |
|---|---|
| REVENUE | $866.7K |
| Cost of Revenue | $14M |
| GROSS PROFIT | -$13M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | -$14M |
| Operating Expenses | $6M |
| Cost & Expenses | $19M |
| OPERATING INCOME | -$19M |
| Interest Income | $913.8K |
| Interest Expense | $11.5K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $752.2K |
| EBIT | -$21M |
| EBITDA | -$20M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $752.2K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$647.8K |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$328.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$77M |
| Sales/Maturities of Investments | $94M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | $18M |
| Net Debt Issuance | -$384.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.3K |
| NET CASH FROM FINANCING | -$383.1K |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | $84.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $84M |
| Short-Term Investments | $99M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $190M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $104.4K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $196M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $20M |
| Common Stock | $5M |
| Additional Paid-In Capital | $469M |
| Retained Earnings | -$296M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $177M |
| Minority Interest | $0 |
| TOTAL EQUITY | $177M |
| TOTAL LIABILITIES & EQUITY | $196M |
| Total Debt | $3M |
| Net Debt | -$80M |
