| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | — | $3M | — | 474.5% |
| Op. Income | -$11M | — | -$3M | — | -224.8% |
| Gross Margin | 34.2% | — | 28.5% | — | 5.6pp |
| Net Margin | -31.3% | — | -146.8% | — | 115.5pp |
| EPS (Diluted) | $-0.28 | — | $-0.24 | — | -16.7% |
| Free Cash Flow | $2M | — | -$1M | — | 277.3% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $1M |
| SG&A Expenses | $6M |
| Other Expenses | $11M |
| Operating Expenses | $17M |
| Cost & Expenses | $28M |
| OPERATING INCOME | -$11M |
| Interest Income | $197.0K |
| Interest Expense | $19.0K |
| Other Income/Expenses | $173.0K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $20.0K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $1M |
| EBIT | -$11M |
| EBITDA | -$10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $546.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$60.0K |
| Acquisitions (Net) | -$858.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$918.0K |
| Net Debt Issuance | -$95.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $62.0K |
| NET CASH FROM FINANCING | -$33.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $5M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $42M |
| PP&E (Net) | $5M |
| Goodwill | $156.0K |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $105.0K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $51M |
| Account Payables | $11M |
| Short-Term Debt | $205.0K |
| Deferred Revenue | $142.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $68M |
| Retained Earnings | -$42M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$99.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27M |
| Minority Interest | $10M |
| TOTAL EQUITY | $37M |
| TOTAL LIABILITIES & EQUITY | $51M |
| Total Debt | $2M |
| Net Debt | -$23M |
