| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $133.1K | $222.6K | $575.4K | -40.2% | -76.9% |
| Op. Income | -$983.0K | -$1M | -$1M | 6.6% | 12.2% |
| Gross Margin | 100.0% | 98.6% | 44.7% | 1.4pp | 55.3pp |
| Net Margin | -762.6% | -349.6% | -170.3% | -413.0pp | -592.2pp |
| EPS (Diluted) | $-0.02 | $-0.40 | $-0.85 | 94.1% | 97.2% |
| Free Cash Flow | -$554.6K | -$669.8K | -$184.6K | 17.2% | -200.4% |
| Item | Amount |
|---|---|
| REVENUE | $133.1K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $133.1K |
| R&D Expenses | $5.3K |
| Selling & Marketing | $39.8K |
| General & Administrative | $798.5K |
| SG&A Expenses | $838.3K |
| Other Expenses | $272.4K |
| Operating Expenses | $1M |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$983.0K |
| Interest Income | $0 |
| Interest Expense | $152.5K |
| Other Income/Expenses | -$32.1K |
| 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 | $281.5K |
| EBIT | -$863.0K |
| EBITDA | -$581.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $281.5K |
| Stock-Based Compensation | $28.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11.7K |
| Change in Working Capital | $139.5K |
| OPERATING CASH FLOW | -$554.6K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $150.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $150.0K |
| Net Debt Issuance | -$129.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $352.0K |
| FREE CASH FLOW | -$554.6K |
| Net Change in Cash | -$52.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $257.0K |
| Short-Term Investments | $240.3K |
| Net Receivables | $41.0K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $809.5K |
| PP&E (Net) | $21.2K |
| Goodwill | $7M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $10M |
| Account Payables | $1M |
| Short-Term Debt | $4M |
| Deferred Revenue | $116.1K |
| Other Current Liabilities | $864.4K |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $7M |
| Common Stock | $327 |
| Additional Paid-In Capital | $81M |
| Retained Earnings | -$78M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $10M |
| Total Debt | $4M |
| Net Debt | $3M |
