| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $273.5K | $273.5K | — | 0.0% | — |
| Op. Income | -$303.4K | -$303.4K | — | 0.0% | — |
| Gross Margin | 100.0% | 100.0% | — | 0.0pp | — |
| Net Margin | -88.4% | -88.4% | — | 0.0pp | — |
| EPS (Diluted) | $-0.02 | $-0.02 | — | 0.0% | — |
| Free Cash Flow | -$389.3K | -$389.3K | — | 0.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $273.5K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $273.5K |
| R&D Expenses | $0 |
| Selling & Marketing | $38.8K |
| General & Administrative | $166.0K |
| SG&A Expenses | $515.5K |
| Other Expenses | $61.5K |
| Operating Expenses | $577.0K |
| Cost & Expenses | $577.0K |
| OPERATING INCOME | -$303.4K |
| Interest Income | $15.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $21.6K |
| INCOME BEFORE TAX | -$281.8K |
| Income Tax Expense | $40.0K |
| Net Income from Continuing Ops | -$321.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$241.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$241.8K |
| D&A | $0 |
| EBIT | -$281.8K |
| EBITDA | $0 |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$241.8K |
| Depreciation & Amortization | $4.9K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$684.2K |
| Change in Working Capital | $614.9K |
| OPERATING CASH FLOW | -$306.3K |
| Capital Expenditure | -$83.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$83.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3.3K |
| NET CASH FROM FINANCING | -$3.3K |
| FREE CASH FLOW | -$389.3K |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $218.7K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $360.3K |
| Other Non-Current Assets | $29.2K |
| TOTAL NON-CURRENT ASSETS | $684.8K |
| TOTAL ASSETS | $12M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $182.6K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $4M |
| Common Stock | $1.1K |
| Additional Paid-In Capital | $8M |
| Retained Earnings | -$792.9K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $12M |
| Total Debt | $58.2K |
| Net Debt | -$2M |
