| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $354.4K | $489.6K | $164.1K | -27.6% | 115.9% |
| Op. Income | -$231.7K | -$116.1K | -$513.8K | -99.5% | 54.9% |
| Gross Margin | 100.0% | 100.0% | -230.6% | 0.0pp | 330.6pp |
| Net Margin | -47.1% | -19.2% | -287.7% | -27.9pp | 240.6pp |
| EPS (Diluted) | $-0.01 | $-0.00 | $-0.01 | -78.6% | 64.5% |
| Free Cash Flow | -$258.5K | -$187.0K | -$523.4K | -38.3% | 50.6% |
| Item | Amount |
|---|---|
| REVENUE | $354.4K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $354.4K |
| R&D Expenses | $131.2K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $454.9K |
| Operating Expenses | $586.1K |
| Cost & Expenses | $586.1K |
| OPERATING INCOME | -$231.7K |
| Interest Income | $29.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $64.9K |
| INCOME BEFORE TAX | -$166.8K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$166.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$166.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$166.8K |
| D&A | $42.4K |
| EBIT | -$231.7K |
| EBITDA | -$189.3K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$166.8K |
| Depreciation & Amortization | $42.4K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $25.0K |
| Change in Working Capital | -$158.5K |
| OPERATING CASH FLOW | -$257.9K |
| Capital Expenditure | -$588 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$588 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$258.5K |
| Net Change in Cash | -$258.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $154.7K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $92.2K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $56.1K |
| TOTAL NON-CURRENT ASSETS | $148.3K |
| TOTAL ASSETS | $3M |
| Account Payables | $34.3K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $176.1K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $176.1K |
| Common Stock | $3.4K |
| Additional Paid-In Capital | $128M |
| Retained Earnings | -$125M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $110.0K |
| Net Debt | -$2M |
