| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $961.2K | — | $1M | — | -35.5% |
| Op. Income | -$1M | — | -$4M | — | 66.8% |
| Gross Margin | -1.6% | — | 12.1% | — | -13.7pp |
| Net Margin | -115.6% | — | -250.3% | — | 134.8pp |
| EPS (Diluted) | $-0.38 | — | $-1.76 | — | 78.4% |
| Free Cash Flow | -$4M | — | -$16M | — | 76.2% |
| Item | Amount |
|---|---|
| REVENUE | $961.2K |
| Cost of Revenue | $976.9K |
| GROSS PROFIT | -$15.6K |
| R&D Expenses | $0 |
| Selling & Marketing | $56.1K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $7.0K |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $55.9K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $37.9K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $37.9K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$128.8K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$589 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$75.3K |
| NET CASH FROM INVESTING | -$75.9K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $508.4K |
| Inventory | $0 |
| Other Current Assets | $236.9K |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $651.7K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $10M |
| Account Payables | $684.7K |
| Short-Term Debt | $214.9K |
| Deferred Revenue | $67.6K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $207.6K |
| TOTAL LIABILITIES | $5M |
| Common Stock | $94M |
| Additional Paid-In Capital | $2M |
| Retained Earnings | -$89M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $165.5K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8M |
| Minority Interest | -$2M |
| TOTAL EQUITY | $5M |
| TOTAL LIABILITIES & EQUITY | $10M |
| Total Debt | $422.4K |
| Net Debt | -$6M |
