| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $3M | 0.6% | -7.0% |
| Op. Income | -$6M | -$2M | -$2M | -169.1% | -153.1% |
| Gross Margin | 13.3% | 20.7% | 20.2% | -7.4pp | -6.9pp |
| Net Margin | -250.8% | -97.6% | -93.7% | -153.2pp | -157.1pp |
| EPS (Diluted) | $-0.95 | $-0.37 | $-0.64 | -156.8% | -48.4% |
| Free Cash Flow | -$3M | -$3M | -$3M | -11.8% | -10.4% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $324.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $547.0K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $4M |
| Operating Expenses | $6M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $17.0K |
| Other Income/Expenses | -$17.0K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | -$52.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | -$11.0K |
| EBIT | -$6M |
| EBITDA | -$6M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | -$11.0K |
| Stock-Based Compensation | $17.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$6.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6.0K |
| Net Debt Issuance | $21.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$42.0K |
| NET CASH FROM FINANCING | -$21.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $7M |
| Other Current Assets | $686.0K |
| TOTAL CURRENT ASSETS | $12M |
| PP&E (Net) | $483.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $93.0K |
| TOTAL NON-CURRENT ASSETS | $576.0K |
| TOTAL ASSETS | $12M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $13M |
| Common Stock | $64.0K |
| Additional Paid-In Capital | $33M |
| Retained Earnings | -$34M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$872.0K |
| Minority Interest | $0 |
| TOTAL EQUITY | -$872.0K |
| TOTAL LIABILITIES & EQUITY | $12M |
| Total Debt | $4M |
| Net Debt | $3M |
