| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $227.0K | $248.0K | $173.0K | -8.5% | 31.2% |
| Op. Income | -$2M | -$2M | -$2M | -16.8% | -56.2% |
| Gross Margin | -44.9% | -27.8% | -32.9% | -17.1pp | -12.0pp |
| Net Margin | -1581.1% | -850.4% | -5549.7% | -730.7pp | 3968.7pp |
| EPS (Diluted) | $-0.15 | $-0.09 | $-0.34 | -68.4% | 55.9% |
| Free Cash Flow | -$2M | -$2M | -$971.0K | 3.0% | -55.2% |
| Item | Amount |
|---|---|
| REVENUE | $227.0K |
| Cost of Revenue | $329.0K |
| GROSS PROFIT | -$102.0K |
| R&D Expenses | $383.0K |
| Selling & Marketing | $253.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $41.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $10.0K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $10.0K |
| Stock-Based Compensation | $103.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $866.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$1.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.0K |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $533.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $407.0K |
| Short-Term Investments | $0 |
| Net Receivables | $75.0K |
| Inventory | $0 |
| Other Current Assets | $474.0K |
| TOTAL CURRENT ASSETS | $956.0K |
| PP&E (Net) | $85.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $85.0K |
| TOTAL ASSETS | $1M |
| Account Payables | $6M |
| Short-Term Debt | $10M |
| Deferred Revenue | $519.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $182.0K |
| TOTAL NON-CURRENT LIABILITIES | $182.0K |
| TOTAL LIABILITIES | $20M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $78M |
| Retained Earnings | -$97M |
| Treasury Stock | -$529.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$19M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$19M |
| TOTAL LIABILITIES & EQUITY | $1M |
| Total Debt | $10M |
| Net Debt | $9M |
