| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $35M | — | $33M | — | 7.5% |
| Op. Income | -$1M | — | -$3M | — | 54.5% |
| Gross Margin | 11.8% | — | 4.8% | — | 7.0pp |
| Net Margin | 0.6% | — | -5.6% | — | 6.2pp |
| EPS (Diluted) | $0.01 | — | $-0.06 | — | 112.2% |
| Item | Amount |
|---|---|
| REVENUE | $35M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $36M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $520.6K |
| Other Income/Expenses | $996.1K |
| INCOME BEFORE TAX | -$215.5K |
| Income Tax Expense | -$446.9K |
| Net Income from Continuing Ops | $231.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$7.6K |
| NET INCOME | $223.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $223.8K |
| D&A | $122.1K |
| EBIT | $305.1K |
| EBITDA | $427.2K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $15M |
| Inventory | $52.6K |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $25M |
| PP&E (Net) | $13M |
| Goodwill | $658.0K |
| Intangible Assets | $9.6K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $761.6K |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $39M |
| Account Payables | $9M |
| Short-Term Debt | $12M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $254.2K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $31M |
| Common Stock | $13M |
| Additional Paid-In Capital | $924.1K |
| Retained Earnings | -$6M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $662.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $58.3K |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $39M |
| Total Debt | $21M |
| Net Debt | $13M |
