| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $278.7K | — | $490.1K | — | -43.1% |
| Op. Income | -$3M | — | -$4M | — | 19.4% |
| Gross Margin | 45.1% | — | 67.4% | — | -22.3pp |
| Net Margin | -1141.4% | — | -800.5% | — | -340.9pp |
| EPS (Diluted) | $-0.68 | — | $-0.98 | — | 30.5% |
| Free Cash Flow | -$3M | — | -$4M | — | 15.9% |
| Item | Amount |
|---|---|
| REVENUE | $278.7K |
| Cost of Revenue | $153.0K |
| GROSS PROFIT | $125.8K |
| R&D Expenses | $0 |
| Selling & Marketing | $284.4K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $893.4K |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $8.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | -$724.6K |
| Other Adjustments | $724.6K |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $164.2K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $164.2K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $119.4K |
| Change in Working Capital | -$320.4K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$6.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6.5K |
| Net Debt Issuance | $237.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $134.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $387.0K |
| Inventory | $568.2K |
| Other Current Assets | $597.7K |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $238.7K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $121.1K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $11M |
| Account Payables | $2M |
| Short-Term Debt | $276.9K |
| Deferred Revenue | $269.9K |
| Other Current Liabilities | $8 |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13.7K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $6M |
| Common Stock | $57.1K |
| Additional Paid-In Capital | $179M |
| Retained Earnings | -$175M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $11M |
| Total Debt | $3M |
| Net Debt | -$3M |
