| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40.0K | $0 | $8.0K | — | 400.0% |
| Op. Income | -$3M | -$3M | -$2M | -5.3% | -17.3% |
| Gross Margin | 20.0% | — | 25.0% | — | -5.0pp |
| Net Margin | -7747.5% | — | -25337.5% | — | 17590.0pp |
| EPS (Diluted) | $-0.98 | $-0.62 | $-1.82 | -58.1% | 46.2% |
| Free Cash Flow | -$3M | -$2M | -$689.6K | -79.5% | -309.0% |
| Item | Amount |
|---|---|
| REVENUE | $40.0K |
| Cost of Revenue | $32.0K |
| GROSS PROFIT | $8.0K |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | -$217.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$3M |
| Interest Income | $3.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$321.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $1.0K |
| 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 | $127.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $126.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $607.0K |
| Change in Working Capital | -$455.2K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | $1 |
| 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 | $3.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $5.0K |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $553.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6.0K |
| TOTAL NON-CURRENT ASSETS | $559.0K |
| TOTAL ASSETS | $7M |
| Account Payables | $1M |
| Short-Term Debt | $209.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $846.0K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $16.0K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $0 |
| Additional Paid-In Capital | $113M |
| Retained Earnings | -$107M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5M |
| Minority Interest | $0 |
| TOTAL EQUITY | $5M |
| TOTAL LIABILITIES & EQUITY | $7M |
| Total Debt | $225.0K |
| Net Debt | -$4M |
