| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $446.6K | $961.2K | — | -53.5% | — |
| Op. Income | -$1M | -$1M | — | -14.2% | — |
| Gross Margin | -59.9% | -1.6% | — | -58.3pp | — |
| Net Margin | -212.7% | -115.6% | — | -97.1pp | — |
| EPS (Diluted) | $-0.32 | $-0.38 | — | 15.8% | — |
| Free Cash Flow | $1M | -$4M | — | 134.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $446.6K |
| Cost of Revenue | $714.1K |
| GROSS PROFIT | -$267.5K |
| R&D Expenses | $0 |
| Selling & Marketing | $56.3K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $10.3K |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$1M |
| Interest Income | $100.9K |
| Interest Expense | $0 |
| Other Income/Expenses | $429.0K |
| INCOME BEFORE TAX | -$969.4K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$969.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$949.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$949.8K |
| D&A | $37.9K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$949.8K |
| Depreciation & Amortization | $37.9K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$245.8K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $102.0K |
| NET CASH FROM INVESTING | $102.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $326.0K |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $510.7K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $183.9K |
| TOTAL NON-CURRENT ASSETS | $694.7K |
| TOTAL ASSETS | $19M |
| Account Payables | $641.6K |
| Short-Term Debt | $0 |
| Deferred Revenue | $66.7K |
| Other Current Liabilities | $44.5K |
| 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 | $169.9K |
| TOTAL LIABILITIES | $5M |
| Common Stock | $104M |
| Additional Paid-In Capital | $2M |
| Retained Earnings | -$90M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $312.7K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17M |
| Minority Interest | -$3M |
| TOTAL EQUITY | $14M |
| TOTAL LIABILITIES & EQUITY | $19M |
| Total Debt | $430.7K |
| Net Debt | -$14M |
