| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52M | $47M | — | 10.1% | — |
| Op. Income | -$97.0K | -$14M | — | 99.3% | — |
| Gross Margin | 26.4% | 22.7% | — | 3.8pp | — |
| Net Margin | -4.0% | -27.4% | — | 23.4pp | — |
| EPS (Diluted) | $-0.04 | $-0.26 | — | 84.6% | — |
| Free Cash Flow | $4M | -$3M | — | 231.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $12M |
| Operating Expenses | $14M |
| Cost & Expenses | $52M |
| OPERATING INCOME | -$97.0K |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $814.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $9M |
| EBIT | $3M |
| EBITDA | $12M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $357.0K |
| Deferred Income Tax | -$481.0K |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$79.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | -$502.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$502.0K |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $1M |
| Net Receivables | $2M |
| Inventory | $22M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $60M |
| PP&E (Net) | $201M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $401M |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $608M |
| TOTAL ASSETS | $668M |
| Account Payables | $29M |
| Short-Term Debt | $9M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $51M |
| Long-Term Debt | $31M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $37M |
| Other Non-Current Liabilities | $45M |
| TOTAL NON-CURRENT LIABILITIES | $115M |
| TOTAL LIABILITIES | $166M |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $502M |
| Minority Interest | $0 |
| TOTAL EQUITY | $502M |
| TOTAL LIABILITIES & EQUITY | $668M |
| Total Debt | $42M |
| Net Debt | $13M |
