| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $2M | 11.6% | 52.1% |
| Op. Income | -$326.0K | -$246.0K | -$91.0K | -32.5% | -258.2% |
| Gross Margin | 70.1% | 74.0% | 84.8% | -3.9pp | -14.8pp |
| Net Margin | -10.9% | -9.2% | -6.4% | -1.7pp | -4.5pp |
| EPS (Diluted) | $-0.07 | $-0.05 | $-0.03 | -40.0% | -133.3% |
| Free Cash Flow | -$2M | $76.0K | -$132.0K | -2400.0% | -1224.2% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $898.0K |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $91.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $754.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$326.0K |
| Interest Income | $3M |
| Interest Expense | $775.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$326.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$326.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$326.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$326.0K |
| D&A | $75.0K |
| EBIT | -$326.0K |
| EBITDA | -$251.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$326.0K |
| Depreciation & Amortization | $75.0K |
| Stock-Based Compensation | $213.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $934.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$116.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$190.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$579.0K |
| NET CASH FROM FINANCING | -$769.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $75M |
| Net Receivables | $872.0K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $110M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $137M |
| Tax Assets | $0 |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $156M |
| TOTAL ASSETS | $266M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $153M |
| TOTAL CURRENT LIABILITIES | $153M |
| Long-Term Debt | $31M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $36M |
| TOTAL LIABILITIES | $189M |
| Common Stock | $56.0K |
| Additional Paid-In Capital | $51M |
| Retained Earnings | $40M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$9M |
| Other Equity | -$4M |
| TOTAL STOCKHOLDERS' EQUITY | $77M |
| Minority Interest | $0 |
| TOTAL EQUITY | $77M |
| TOTAL LIABILITIES & EQUITY | $266M |
| Total Debt | $31M |
| Net Debt | -$2M |
