| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $141.3K | $141.3K | $96.0K | -0.0% | 47.3% |
| Op. Income | -$603.0K | -$1M | -$102.5K | 45.9% | -488.0% |
| Gross Margin | 14.0% | 25.9% | 43.7% | -11.9pp | -29.7pp |
| Net Margin | -387.9% | -716.7% | -125.7% | 328.8pp | -262.2pp |
| EPS (Diluted) | $-0.05 | $-0.09 | $-0.03 | 45.9% | -49.6% |
| Free Cash Flow | -$559.5K | -$1M | -$69.5K | 45.9% | -704.6% |
| Item | Amount |
|---|---|
| REVENUE | $141.3K |
| Cost of Revenue | $56.7K |
| GROSS PROFIT | $19.8K |
| R&D Expenses | $179.2K |
| Selling & Marketing | $0 |
| General & Administrative | $561.4K |
| SG&A Expenses | $443.5K |
| Other Expenses | $0 |
| Operating Expenses | $622.8K |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$603.0K |
| Interest Income | $43.6K |
| Interest Expense | $0 |
| Other Income/Expenses | $54.7K |
| INCOME BEFORE TAX | -$548.2K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$548.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$548.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$548.2K |
| D&A | $2.8K |
| EBIT | -$548.2K |
| EBITDA | -$545.4K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$548.2K |
| Depreciation & Amortization | $2.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$14.1K |
| Change in Working Capital | $17.4K |
| OPERATING CASH FLOW | -$542.1K |
| Capital Expenditure | -$17.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$18.6K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$36.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$559.5K |
| Net Change in Cash | -$658.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $29.7K |
| Inventory | $100.3K |
| Other Current Assets | $33.8K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $160.4K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $18.2K |
| Tax Assets | $0 |
| Other Non-Current Assets | $88.8K |
| TOTAL NON-CURRENT ASSETS | $267.4K |
| TOTAL ASSETS | $2M |
| Account Payables | $50.7K |
| Short-Term Debt | $52.1K |
| Deferred Revenue | $89.4K |
| Other Current Liabilities | -$58.3K |
| TOTAL CURRENT LIABILITIES | $330.4K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $474.4K |
| TOTAL LIABILITIES | $804.8K |
| Common Stock | $62.0K |
| Additional Paid-In Capital | $7M |
| Retained Earnings | -$5M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$45.6K |
| TOTAL STOCKHOLDERS' EQUITY | $1M |
| Minority Interest | $0 |
| TOTAL EQUITY | $1M |
| TOTAL LIABILITIES & EQUITY | $2M |
| Total Debt | $486.1K |
| Net Debt | -$1M |
