| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | — | — | — | — |
| Op. Income | -$1M | — | — | — | — |
| Gross Margin | 30.9% | — | — | — | — |
| Net Margin | -36.9% | — | — | — | — |
| EPS (Diluted) | $-1.25 | — | — | — | — |
| Free Cash Flow | -$5M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $567.5K |
| R&D Expenses | $76.3K |
| Selling & Marketing | $133.5K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$1M |
| Interest Income | $24.4K |
| Interest Expense | $255.2K |
| Other Income/Expenses | $341.1K |
| INCOME BEFORE TAX | -$733.0K |
| Income Tax Expense | -$16.4K |
| Net Income from Continuing Ops | -$716.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $38.2K |
| NET INCOME | -$678.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$678.5K |
| D&A | $461.7K |
| EBIT | -$477.8K |
| EBITDA | -$16.1K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$678.5K |
| Depreciation & Amortization | $461.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$16.4K |
| Other Non-Cash Items | $365.6K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $176.9K |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$379.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$267.0K |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $138.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $13M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $20M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $34M |
| Account Payables | $3M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $475.5K |
| TOTAL NON-CURRENT LIABILITIES | $607.6K |
| TOTAL LIABILITIES | $20M |
| Common Stock | $382.9K |
| Additional Paid-In Capital | $79M |
| Retained Earnings | -$64M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $449.6K |
| TOTAL EQUITY | $14M |
| TOTAL LIABILITIES & EQUITY | $34M |
| Total Debt | $9M |
| Net Debt | $7M |
