| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $380.5K | $380.5K | $0 | 0.0% | — |
| Op. Income | -$2M | -$2M | -$3M | 0.0% | 29.4% |
| Gross Margin | 51.1% | 51.1% | — | 0.0pp | — |
| Net Margin | -3196.3% | -3196.3% | — | 0.0pp | — |
| EPS (Diluted) | $-30.00 | $-30.00 | $-4.80 | 0.0% | -525.0% |
| Free Cash Flow | -$2M | -$2M | -$3M | 0.0% | 21.2% |
| Item | Amount |
|---|---|
| REVENUE | $380.5K |
| Cost of Revenue | $186.0K |
| GROSS PROFIT | $194.5K |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $652.0K |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $42.5K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$30 |
| EPS Diluted | -$30 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $657.0K |
| Stock-Based Compensation | $47.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$230.5K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$3.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $135.0K |
| Inventory | $968.0K |
| Other Current Assets | $569.0K |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $12M |
| Account Payables | $88.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $363.0K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $0 |
| Additional Paid-In Capital | $100M |
| Retained Earnings | -$90M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $0 |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $12M |
| Total Debt | $645.0K |
| Net Debt | -$9M |
