| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $2M | -7.1% | -14.7% |
| Op. Income | -$1M | -$877.0K | -$1M | -48.9% | -18.2% |
| Gross Margin | 43.0% | 49.7% | 63.8% | -6.7pp | -20.8pp |
| Net Margin | -70.7% | -48.7% | -52.5% | -22.0pp | -18.2pp |
| EPS (Diluted) | $-1.25 | $-1.28 | $-3.54 | 2.3% | 64.7% |
| Free Cash Flow | -$454.2K | -$642.0K | -$1M | 29.2% | 64.2% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $791.0K |
| R&D Expenses | $89.0K |
| Selling & Marketing | $737.0K |
| General & Administrative | $640.0K |
| SG&A Expenses | $1M |
| Other Expenses | $631.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$1M |
| Interest Income | $6.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $6.0K |
| 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 | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $168.0K |
| EBIT | -$675.0K |
| EBITDA | -$507.0K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $172.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $116.0K |
| Change in Working Capital | $557.7K |
| OPERATING CASH FLOW | -$454.2K |
| Capital Expenditure | -$1 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $163 |
| Other Investing Activities | $94 |
| NET CASH FROM INVESTING | $258 |
| Net Debt Issuance | -$333.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$320.9K |
| FREE CASH FLOW | -$454.2K |
| Net Change in Cash | -$904.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $327.0K |
| Inventory | $2M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $93.0K |
| Goodwill | $131.0K |
| Intangible Assets | $845.0K |
| Long-Term Investments | $7.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.0K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $7M |
| Account Payables | $1M |
| Short-Term Debt | $123.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $917.0K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $177.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $189.0K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $69M |
| Retained Earnings | -$63M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$896.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $7M |
| Total Debt | $328.0K |
| Net Debt | -$2M |
