| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $151 | $131 | $172 | 15.3% | -12.2% |
| Op. Income | -$1M | -$2M | -$2M | 23.8% | 45.5% |
| Gross Margin | -345990.1% | -685139.7% | -802247.7% | 339149.6pp | 456257.6pp |
| Net Margin | -651157.0% | -868558.8% | -1329784.9% | 217401.8pp | 678627.9pp |
| EPS (Diluted) | $-0.33 | $-0.41 | $-1.10 | 19.5% | 70.0% |
| Free Cash Flow | -$1M | -$1M | -$1M | 27.4% | 26.1% |
| Item | Amount |
|---|---|
| REVENUE | $151 |
| Cost of Revenue | $522.6K |
| GROSS PROFIT | -$522.4K |
| R&D Expenses | $226.1K |
| Selling & Marketing | $32.9K |
| General & Administrative | $485.7K |
| SG&A Expenses | $518.6K |
| Other Expenses | $0 |
| Operating Expenses | $744.7K |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$1M |
| Interest Income | $63.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $63.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$983.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$983.2K |
| D&A | $23.8K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$983.2K |
| Depreciation & Amortization | $23.8K |
| Stock-Based Compensation | -$2.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$161.2K |
| Change in Working Capital | $49.5K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | $4 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $236.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $337.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $587.5K |
| Short-Term Investments | $5M |
| Net Receivables | $192 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $83.8K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $83.8K |
| TOTAL ASSETS | $5M |
| Account Payables | $361.3K |
| Short-Term Debt | $0 |
| Deferred Revenue | $143 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $405.5K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $405.5K |
| Common Stock | $308 |
| Additional Paid-In Capital | $57M |
| Retained Earnings | -$50M |
| Treasury Stock | -$398.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | -$1M |
| TOTAL EQUITY | $5M |
| TOTAL LIABILITIES & EQUITY | $5M |
| Total Debt | $44.0K |
| Net Debt | -$543.5K |
