| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $15M | $30M | 1.8% | -50.9% |
| Op. Income | -$3M | -$3M | $960.0K | 0.4% | -424.3% |
| Gross Margin | 28.2% | 29.4% | 30.7% | -1.2pp | -2.5pp |
| Net Margin | -17.8% | -10.5% | 4.0% | -7.4pp | -21.9pp |
| EPS (Diluted) | $-0.44 | $-0.25 | $0.18 | -76.0% | -344.4% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $4M |
| R&D Expenses | $5M |
| Selling & Marketing | $1M |
| General & Administrative | $952.0K |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $18M |
| OPERATING INCOME | -$3M |
| Interest Income | $515.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $515.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $32.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $515.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $59M |
| Short-Term Investments | $10M |
| Net Receivables | $20M |
| Inventory | $43M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $133M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $8M |
| Tax Assets | $3M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $25M |
| TOTAL ASSETS | $158M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $92.0K |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $23M |
| Common Stock | $73M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $114M |
| Treasury Stock | -$52M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $134M |
| Minority Interest | $0 |
| TOTAL EQUITY | $134M |
| TOTAL LIABILITIES & EQUITY | $158M |
| Total Debt | $7M |
| Net Debt | -$53M |
