| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $1M | 35.5% | 14.7% |
| Op. Income | -$474.5K | -$555.8K | -$1M | 14.6% | 58.9% |
| Gross Margin | 66.3% | 59.7% | 58.5% | 6.6pp | 7.7pp |
| Net Margin | -34.7% | -56.5% | -451.0% | 21.7pp | 416.2pp |
| EPS (Diluted) | $-1.13 | $-1.38 | $-12.79 | 18.5% | 91.2% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $498.3K |
| GROSS PROFIT | $979.0K |
| R&D Expenses | $365 |
| Selling & Marketing | $757.6K |
| General & Administrative | $590.9K |
| SG&A Expenses | $1M |
| Other Expenses | $104.6K |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$474.5K |
| Interest Income | $0 |
| Interest Expense | $1.5K |
| Other Income/Expenses | $21.0K |
| INCOME BEFORE TAX | -$453.5K |
| Income Tax Expense | $16.5K |
| Net Income from Continuing Ops | -$470.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$513.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$513.2K |
| D&A | $69.1K |
| EBIT | -$369.9K |
| EBITDA | -$300.8K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$513.2K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $513.2K |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $502.9K |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $14M |
| PP&E (Net) | $261.5K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $15M |
| Account Payables | $598.2K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $71M |
| TOTAL CURRENT LIABILITIES | $72M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $600.0K |
| TOTAL NON-CURRENT LIABILITIES | $775.0K |
| TOTAL LIABILITIES | $73M |
| Common Stock | $72.5K |
| Additional Paid-In Capital | $298M |
| Retained Earnings | -$368M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$60M |
| Minority Interest | $2M |
| TOTAL EQUITY | -$58M |
| TOTAL LIABILITIES & EQUITY | $15M |
| Total Debt | $175.0K |
| Net Debt | -$4M |
