| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $6M | $2M | -73.4% | 9.5% |
| Op. Income | -$4M | -$3M | -$4M | -9.4% | 8.3% |
| Gross Margin | 37.7% | 26.7% | 28.9% | 11.0pp | 8.8pp |
| Net Margin | -115.8% | -25.5% | -135.9% | -90.3pp | 20.1pp |
| EPS (Diluted) | $-0.27 | $-0.60 | $-1.13 | 55.2% | 76.1% |
| Free Cash Flow | -$3M | -$498.7K | -$2M | -448.3% | -44.6% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $650.8K |
| R&D Expenses | $549.7K |
| Selling & Marketing | $425.7K |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | $9.9K |
| Operating Expenses | $4M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$4M |
| Interest Income | $836.5K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$7.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $103.5K |
| EBIT | -$4M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $181.4K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$988.7K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$20.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $13M |
| Net Receivables | $13M |
| Inventory | $918.4K |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $74M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $81M |
| Account Payables | $1M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $589.7K |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.0K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $9M |
| Common Stock | $15.2K |
| Additional Paid-In Capital | $100M |
| Retained Earnings | -$32M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $73M |
| Minority Interest | -$2M |
| TOTAL EQUITY | $72M |
| TOTAL LIABILITIES & EQUITY | $81M |
| Total Debt | $6M |
| Net Debt | -$10M |
