| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $13M | $14M | 3.8% | -0.3% |
| Op. Income | -$7M | -$2M | -$4M | -198.6% | -69.1% |
| Gross Margin | -12.5% | 25.2% | 26.6% | -37.8pp | -39.1pp |
| Net Margin | -49.7% | -17.8% | -26.5% | -32.0pp | -23.3pp |
| EPS (Diluted) | $-0.32 | $-0.11 | $-0.18 | -190.9% | -77.8% |
| Free Cash Flow | $822.1K | -$853.6K | -$2M | 196.3% | 143.3% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $15M |
| GROSS PROFIT | -$2M |
| R&D Expenses | $950.4K |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$7M |
| Interest Income | $116.6K |
| Interest Expense | $16.5K |
| Other Income/Expenses | $85.7K |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | $167.1K |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $241.4K |
| EBIT | -$7M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $357.8K |
| Stock-Based Compensation | $458.0K |
| Deferred Income Tax | -$363.7K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $648.7K |
| OPERATING CASH FLOW | $916.8K |
| Capital Expenditure | -$94.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$74.5K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$54.9K |
| NET CASH FROM FINANCING | -$129.3K |
| FREE CASH FLOW | $822.1K |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $3M |
| Net Receivables | $9M |
| Inventory | $15M |
| Other Current Assets | $960.2K |
| TOTAL CURRENT ASSETS | $38M |
| PP&E (Net) | $3M |
| Goodwill | $1M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $507.2K |
| Other Non-Current Assets | $38.1K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $44M |
| Account Payables | $5M |
| Short-Term Debt | $1M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $13M |
| Common Stock | $2.1K |
| Additional Paid-In Capital | $49M |
| Retained Earnings | -$19M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $977.7K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31M |
| Minority Interest | $0 |
| TOTAL EQUITY | $31M |
| TOTAL LIABILITIES & EQUITY | $44M |
| Total Debt | $3M |
| Net Debt | -$6M |
