| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $89M | $88M | $86M | 0.6% | 3.2% |
| Op. Income | -$100M | -$1M | $813.0K | -8867.9% | -12454.2% |
| Gross Margin | 38.1% | 37.5% | 37.8% | 0.5pp | 0.3pp |
| Net Margin | -131.1% | -17.6% | -20.1% | -113.5pp | -111.0pp |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | NaN% | NaN% |
| Free Cash Flow | $393.0K | -$3M | $182.0K | 115.0% | 115.9% |
| Item | Amount |
|---|---|
| REVENUE | $89M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $130M |
| Operating Expenses | $134M |
| Cost & Expenses | $189M |
| OPERATING INCOME | -$100M |
| Interest Income | $457.0K |
| Interest Expense | $18M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | -$117M |
| Income Tax Expense | $65.0K |
| Net Income from Continuing Ops | -$117M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$116M |
| Net Income Deductions | $3M |
| BOTTOM LINE NET INCOME | -$120M |
| D&A | $22M |
| EBIT | -$99M |
| EBITDA | -$77M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | -$117M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $230.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $96M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$259.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$245.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $393.0K |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $0 |
| Net Receivables | $26M |
| Inventory | $0 |
| Other Current Assets | $52M |
| TOTAL CURRENT ASSETS | $107M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.0B |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $144M |
| Short-Term Debt | $3M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $156M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | -$1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $757M |
| Minority Interest | $6M |
| TOTAL EQUITY | $763M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $1.2B |
| Net Debt | $1.2B |
