| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | — | — | — | — |
| Op. Income | -$3M | — | — | — | — |
| Gross Margin | 90.0% | — | — | — | — |
| Net Margin | -17.4% | — | — | — | — |
| EPS (Diluted) | $-0.41 | — | — | — | — |
| Free Cash Flow | -$1M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $18M |
| R&D Expenses | $985.7K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $20M |
| Operating Expenses | $21M |
| Cost & Expenses | $23M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $644.3K |
| Other Income/Expenses | -$644.3K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $1M |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $208.5K |
| Change in Working Capital | -$731.2K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$58.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$58.8K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $4M |
| Other Current Assets | $489.2K |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $3M |
| Goodwill | $4M |
| Intangible Assets | $43M |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $53M |
| TOTAL ASSETS | $73M |
| Account Payables | $896.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $14M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $20M |
| TOTAL LIABILITIES | $32M |
| Common Stock | $8.7K |
| Additional Paid-In Capital | $75M |
| Retained Earnings | -$33M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $42M |
| Minority Interest | -$304.3K |
| TOTAL EQUITY | $41M |
| TOTAL LIABILITIES & EQUITY | $73M |
| Total Debt | $16M |
| Net Debt | $10M |
