| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $142.0K | $227.0K | $326.0K | -37.4% | -56.4% |
| Op. Income | -$2M | -$2M | -$2M | 2.7% | -23.9% |
| Gross Margin | -59.2% | -44.9% | 10.1% | -14.2pp | -69.3pp |
| Net Margin | -1449.3% | -1581.1% | -4245.4% | 131.8pp | 2796.1pp |
| EPS (Diluted) | $-0.07 | $-0.15 | $-0.49 | 50.8% | 84.9% |
| Free Cash Flow | -$2M | -$2M | -$1M | -26.9% | -70.6% |
| Item | Amount |
|---|---|
| REVENUE | $142.0K |
| Cost of Revenue | $226.0K |
| GROSS PROFIT | -$84.0K |
| R&D Expenses | $298.0K |
| Selling & Marketing | $140.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $36.0K |
| Other Income/Expenses | $329.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| 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 | $10.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $10.0K |
| Stock-Based Compensation | $207.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$289.0K |
| Change in Working Capital | $226.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$9.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $469.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$600.0K |
| Common Stock Repurchased | -$100.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$100.0K |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $2M |
| Net Receivables | $63.0K |
| Inventory | $0 |
| Other Current Assets | $151.0K |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $84.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $84.0K |
| TOTAL ASSETS | $4M |
| Account Payables | $6M |
| Short-Term Debt | $9M |
| Deferred Revenue | $428.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $28.0K |
| TOTAL NON-CURRENT LIABILITIES | $28.0K |
| TOTAL LIABILITIES | $19M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $85M |
| Retained Earnings | -$99M |
| Treasury Stock | -$529.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$14M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$14M |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $9M |
| Net Debt | $7M |
