| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $6M | $2M | -46.4% | 57.9% |
| Op. Income | -$10M | -$14M | -$13M | 26.9% | 20.9% |
| Gross Margin | 96.7% | 67.1% | 27.5% | 29.6pp | 69.3pp |
| Net Margin | -409.6% | -187.7% | -996.5% | -221.9pp | 586.9pp |
| EPS (Diluted) | $-0.41 | $-0.36 | $-0.77 | -13.9% | 46.8% |
| Free Cash Flow | -$11M | -$11M | -$12M | 1.7% | 9.2% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $104.9K |
| GROSS PROFIT | $3M |
| R&D Expenses | $408.3K |
| Selling & Marketing | $2M |
| General & Administrative | $10M |
| SG&A Expenses | $12M |
| Other Expenses | $729.2K |
| Operating Expenses | $13M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$10M |
| Interest Income | $0 |
| Interest Expense | $756.8K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | -$12.4K |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | -$4M |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $975.1K |
| EBIT | -$8M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $975.1K |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | -$5M |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$485.9K |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $927.0K |
| Inventory | $2M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $16M |
| PP&E (Net) | $650.5K |
| Goodwill | $11M |
| Intangible Assets | $16M |
| Long-Term Investments | $680.4K |
| Tax Assets | $0 |
| Other Non-Current Assets | $75.6K |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $44M |
| Account Payables | $4M |
| Short-Term Debt | $3M |
| Deferred Revenue | $571.4K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $28M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $31M |
| TOTAL LIABILITIES | $40M |
| Common Stock | $3.3K |
| Additional Paid-In Capital | $104M |
| Retained Earnings | -$99M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $44M |
| Total Debt | $32M |
| Net Debt | $27M |
