| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $957.9K | $3M | 54.6% | -44.4% |
| Op. Income | -$9M | -$8M | -$6M | -4.3% | -46.0% |
| Gross Margin | 3.2% | -19.9% | 20.8% | 23.1pp | -17.6pp |
| Net Margin | -643.3% | -863.4% | -273.6% | 220.0pp | -369.7pp |
| EPS (Diluted) | $-0.15 | $-0.14 | $-0.15 | -7.1% | 0.0% |
| Free Cash Flow | -$8M | -$10M | -$6M | 15.2% | -34.1% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $47.6K |
| R&D Expenses | $3M |
| Selling & Marketing | $1M |
| General & Administrative | $4M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$9M |
| Interest Income | $121.6K |
| Interest Expense | $871.3K |
| Other Income/Expenses | -$865.6K |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $2M |
| EBIT | -$9M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $311.1K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $594.3K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | $675.9K |
| Acquisitions (Net) | -$1.7K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | $655.5K |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$780.0K |
| Other Financing Activities | $780.0K |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $9M |
| Other Current Assets | $432.9K |
| TOTAL CURRENT ASSETS | $17M |
| PP&E (Net) | $7M |
| Goodwill | $28M |
| Intangible Assets | $28M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $482.4K |
| TOTAL NON-CURRENT ASSETS | $63M |
| TOTAL ASSETS | $80M |
| Account Payables | $4M |
| Short-Term Debt | $30M |
| Deferred Revenue | $447.7K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $40M |
| Long-Term Debt | $300.0K |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $103.7K |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $47M |
| Common Stock | $7.5K |
| Additional Paid-In Capital | $241M |
| Retained Earnings | -$226M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15M |
| Minority Interest | $18M |
| TOTAL EQUITY | $33M |
| TOTAL LIABILITIES & EQUITY | $80M |
| Total Debt | $37M |
| Net Debt | $34M |
