| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $142.0K | $97.0K | $188.2K | 46.3% | -24.6% |
| Op. Income | -$900.3K | -$1M | -$2M | 31.0% | 60.6% |
| Gross Margin | -304.0% | -673.5% | -755.2% | 369.5pp | 451.2pp |
| Net Margin | -613.9% | -1348.0% | -1217.7% | 734.1pp | 603.8pp |
| EPS (Diluted) | $-1.57 | $-2.45 | $-4.39 | 35.7% | 64.2% |
| Free Cash Flow | -$212.4K | -$1M | -$2M | 81.7% | 90.0% |
| Item | Amount |
|---|---|
| REVENUE | $142.0K |
| Cost of Revenue | $573.6K |
| GROSS PROFIT | -$431.7K |
| R&D Expenses | $245 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $468.4K |
| Other Expenses | $0 |
| Operating Expenses | $468.7K |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$900.3K |
| Interest Income | $0 |
| Interest Expense | $3.2K |
| Other Income/Expenses | $28.7K |
| INCOME BEFORE TAX | -$871.7K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$871.7K |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | -$871.7K |
| BOTTOM LINE NET INCOME | -$882.3K |
| D&A | $24.6K |
| EBIT | -$868.4K |
| EBITDA | -$843.9K |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$871.7K |
| Depreciation & Amortization | $24.6K |
| Stock-Based Compensation | $89.9K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$28.6K |
| Change in Working Capital | $613.9K |
| OPERATING CASH FLOW | -$172.0K |
| Capital Expenditure | -$40.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $35.5K |
| NET CASH FROM INVESTING | -$4.9K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $364.6K |
| FREE CASH FLOW | -$212.4K |
| Net Change in Cash | $187.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $556.1K |
| Short-Term Investments | $0 |
| Net Receivables | $59.0K |
| Inventory | $775.1K |
| Other Current Assets | $37.8K |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $162.0K |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $3M |
| Account Payables | $607.2K |
| Short-Term Debt | $0 |
| Deferred Revenue | $111.1K |
| Other Current Liabilities | $145.3K |
| TOTAL CURRENT LIABILITIES | $863.6K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $863.6K |
| Common Stock | $652 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$53M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $55M |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $0 |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $0 |
| Net Debt | -$556.1K |
