| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | — | $3M | — | 15.6% |
| Op. Income | -$2M | — | -$749.6K | — | -198.2% |
| Gross Margin | 15.5% | — | 13.0% | — | 2.5pp |
| Net Margin | -54.8% | — | -25.2% | — | -29.6pp |
| EPS (Diluted) | $-0.13 | — | $-0.05 | — | -139.9% |
| Free Cash Flow | -$211.8K | — | $158.5K | — | -233.6% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $583.4K |
| R&D Expenses | $2M |
| Selling & Marketing | $207.2K |
| General & Administrative | $375.6K |
| SG&A Expenses | $605.0K |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$2M |
| Interest Income | $210 |
| Interest Expense | $0 |
| Other Income/Expenses | -$9.5K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$179.4K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $6.5K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $6.5K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$211.8K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.5K |
| NET CASH FROM FINANCING | $1.5K |
| FREE CASH FLOW | -$211.8K |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $316.1K |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $919.6K |
| Other Current Assets | $107.8K |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $77.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $307.4K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $384.4K |
| TOTAL ASSETS | $4M |
| Account Payables | $1M |
| Short-Term Debt | $2.9K |
| Deferred Revenue | $173.9K |
| Other Current Liabilities | $470.1K |
| 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 | $1.3K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $3.9K |
| Additional Paid-In Capital | $5M |
| Retained Earnings | -$2M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$216.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $0 |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $36.9K |
| Net Debt | -$279.1K |
