| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $2M | $2M | -35.9% | -39.2% |
| Op. Income | -$3M | -$4M | -$5M | 32.2% | 37.4% |
| Gross Margin | 141.8% | 0.1% | 77.6% | 141.7pp | 64.3pp |
| Net Margin | -352.9% | -231.3% | -460.5% | -121.5pp | 107.6pp |
| EPS (Diluted) | $-0.44 | $-0.06 | $-0.14 | -614.3% | -209.3% |
| Free Cash Flow | -$5M | -$8M | -$9M | 39.8% | 44.2% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $484.4K |
| GROSS PROFIT | $2M |
| R&D Expenses | $2M |
| Selling & Marketing | $350.8K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | -$171.4K |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $474.2K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $468.7K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $451.6K |
| Stock-Based Compensation | $8.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $521.3K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$250.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $22M |
| NET CASH FROM FINANCING | $22M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $318.3K |
| Inventory | $1M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $20M |
| PP&E (Net) | $30M |
| Goodwill | $0 |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $37M |
| TOTAL ASSETS | $57M |
| Account Payables | $2M |
| Short-Term Debt | $4M |
| Deferred Revenue | $12M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $28M |
| Long-Term Debt | $25M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$688.9K |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $53M |
| Common Stock | $20.1K |
| Additional Paid-In Capital | $78M |
| Retained Earnings | -$76M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $688.9K |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $57M |
| Total Debt | $29M |
| Net Debt | $22M |
