| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $977.6K | $466.2K | 40.9% | 195.4% |
| Op. Income | -$3M | -$3M | -$3M | 14.9% | 17.4% |
| Gross Margin | 28.3% | 27.2% | 6.8% | 1.1pp | 21.6pp |
| Net Margin | -207.3% | -342.1% | -755.7% | 134.8pp | 548.4pp |
| EPS (Diluted) | $-0.11 | $-0.14 | $-0.21 | 21.4% | 47.6% |
| Free Cash Flow | -$2M | -$4M | -$4M | 42.6% | 40.8% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $986.9K |
| GROSS PROFIT | $390.4K |
| R&D Expenses | $1M |
| Selling & Marketing | $15.8K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $31.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $60.9K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $60.9K |
| Stock-Based Compensation | $356.9K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $226.0K |
| Change in Working Capital | $232.7K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$31.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$31.4K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$11.3K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$122.7K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$246.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $555.6K |
| Inventory | $1M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $606.7K |
| Goodwill | $0 |
| Intangible Assets | $78.4K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $685.2K |
| TOTAL ASSETS | $5M |
| Account Payables | $780.8K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $2M |
| Common Stock | $26.3K |
| Additional Paid-In Capital | $73M |
| Retained Earnings | -$69M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $5M |
| Total Debt | $121.9K |
| Net Debt | -$2M |
