| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $183.0K | $27.0K | $112.0K | 577.8% | 63.4% |
| Op. Income | -$5M | -$6M | -$7M | 16.6% | 24.3% |
| Gross Margin | -431.1% | -3085.2% | -692.0% | 2654.0pp | 260.8pp |
| Net Margin | -2838.3% | -23837.0% | -6622.3% | 20998.8pp | 3784.1pp |
| EPS (Diluted) | $-0.06 | $-0.08 | $-0.12 | 29.4% | 53.8% |
| Free Cash Flow | -$5M | -$5M | -$5M | 6.2% | -5.5% |
| Item | Amount |
|---|---|
| REVENUE | $183.0K |
| Cost of Revenue | $972.0K |
| GROSS PROFIT | -$789.0K |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$5M |
| Interest Income | $73.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $73.0K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $0 |
| NET INCOME | -$5M |
| D&A | $847.0K |
| EBIT | -$5M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $975.0K |
| Stock-Based Compensation | $651.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9.0K |
| Change in Working Capital | -$455.0K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $351.0K |
| Inventory | $266.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $6M |
| Goodwill | $56M |
| Intangible Assets | $11M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $133.0K |
| TOTAL NON-CURRENT ASSETS | $73M |
| TOTAL ASSETS | $76M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $104.0K |
| Other Current Liabilities | $790.0K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $708.0K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $209M |
| Retained Earnings | -$144M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $72M |
| Minority Interest | $0 |
| TOTAL EQUITY | $72M |
| TOTAL LIABILITIES & EQUITY | $76M |
| Total Debt | $708.0K |
| Net Debt | -$2M |
