| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $1M | $1M | 45.4% | 56.5% |
| Op. Income | -$14M | -$15M | -$15M | 9.7% | 5.3% |
| Gross Margin | -60.9% | -164.6% | -214.7% | 103.8pp | 153.8pp |
| Net Margin | -846.9% | -2207.2% | -2261.0% | 1360.4pp | 1414.1pp |
| EPS (Diluted) | $-0.11 | $-0.21 | $-0.21 | 47.6% | 47.6% |
| Free Cash Flow | -$7M | -$12M | -$9M | 45.5% | 23.8% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $3M |
| GROSS PROFIT | -$978.0K |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $8M |
| Other Expenses | $1M |
| Operating Expenses | $13M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$14M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $269.0K |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | $26.0K |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $1M |
| EBIT | -$11M |
| EBITDA | -$10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$1.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$19M |
| Sales/Maturities of Investments | $24M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | -$27.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $68M |
| Short-Term Investments | $19M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $104M |
| PP&E (Net) | $38M |
| Goodwill | $18M |
| Intangible Assets | $10M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $67M |
| TOTAL ASSETS | $172M |
| Account Payables | $918.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $303.0K |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $53M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $85M |
| TOTAL LIABILITIES | $106M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $894M |
| Retained Earnings | -$830M |
| Treasury Stock | -$693.0K |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $66M |
| Minority Interest | $0 |
| TOTAL EQUITY | $66M |
| TOTAL LIABILITIES & EQUITY | $172M |
| Total Debt | $71M |
| Net Debt | $3M |
