| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $7M | $6M | 14.9% | 23.7% |
| Op. Income | -$12M | -$13M | -$14M | 10.0% | 16.7% |
| Gross Margin | 8.2% | -2.9% | -26.5% | 11.0pp | 34.7pp |
| Net Margin | -148.9% | -190.1% | -217.9% | 41.1pp | 69.0pp |
| EPS (Diluted) | $-0.26 | $-0.29 | $-0.31 | 10.3% | 16.1% |
| Free Cash Flow | -$9M | -$11M | -$10M | 16.6% | 13.2% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $622.0K |
| R&D Expenses | $4M |
| Selling & Marketing | $3M |
| General & Administrative | $6M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$12M |
| Interest Income | $768.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $729.0K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $13.0K |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $729.0K |
| EBIT | -$12M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $859.0K |
| Stock-Based Compensation | $929.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $165.0K |
| Change in Working Capital | $770.0K |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$223.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$25M |
| Sales/Maturities of Investments | $19M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$9.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $70.0K |
| NET CASH FROM FINANCING | $61.0K |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $39M |
| Net Receivables | $4M |
| Inventory | $21M |
| Other Current Assets | $751.0K |
| TOTAL CURRENT ASSETS | $88M |
| PP&E (Net) | $17M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $926.0K |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $106M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $289.0K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $21M |
| Common Stock | $430.0K |
| Additional Paid-In Capital | $549M |
| Retained Earnings | -$466M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $83.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $84M |
| Minority Interest | $0 |
| TOTAL EQUITY | $84M |
| TOTAL LIABILITIES & EQUITY | $106M |
| Total Debt | $6M |
| Net Debt | -$16M |
