| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26.7K | — | $0 | — | — |
| Op. Income | -$485.0K | — | -$819.0K | — | 40.8% |
| Gross Margin | 69.7% | — | — | — | — |
| Net Margin | -1427.0% | — | — | — | — |
| EPS (Diluted) | $-0.01 | — | $-0.00 | — | -187.5% |
| Free Cash Flow | -$259.0K | — | -$9M | — | 97.1% |
| Item | Amount |
|---|---|
| REVENUE | $26.7K |
| Cost of Revenue | $8.1K |
| GROSS PROFIT | $18.6K |
| R&D Expenses | $0 |
| Selling & Marketing | $715.7K |
| General & Administrative | $0 |
| SG&A Expenses | $485.1K |
| Other Expenses | $4M |
| Operating Expenses | $5M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$485.0K |
| Interest Income | $270.2K |
| Interest Expense | $118.8K |
| Other Income/Expenses | $151.3K |
| INCOME BEFORE TAX | -$334.0K |
| Income Tax Expense | $47.1K |
| Net Income from Continuing Ops | -$381.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$381.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$381.0K |
| D&A | $60.4K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $539.6K |
| Change in Working Capital | $624.4K |
| OPERATING CASH FLOW | -$259.0K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$149.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2.1K |
| NET CASH FROM INVESTING | -$148.9K |
| Net Debt Issuance | $313.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $313.1K |
| FREE CASH FLOW | -$259.0K |
| Net Change in Cash | -$94.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $60.3K |
| Short-Term Investments | $0 |
| Net Receivables | $11.4K |
| Inventory | $0 |
| Other Current Assets | $222.9K |
| TOTAL CURRENT ASSETS | $502.4K |
| PP&E (Net) | $61.5K |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $16M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$16M |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $4M |
| Account Payables | $4M |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $44M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $44M |
| TOTAL LIABILITIES | $67M |
| Common Stock | $16M |
| Additional Paid-In Capital | $176M |
| Retained Earnings | -$11M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$221.0K |
| Other Equity | -$244M |
| TOTAL STOCKHOLDERS' EQUITY | -$63M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$63M |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $45M |
| Net Debt | $45M |
