| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | — | $12M | — | -31.2% |
| Op. Income | -$118.7K | — | $464.7K | — | -125.5% |
| Gross Margin | 6.8% | — | 7.9% | — | -1.1pp |
| Net Margin | -2.8% | — | 2.4% | — | -5.1pp |
| EPS (Diluted) | $-0.01 | — | $0.01 | — | -180.1% |
| Free Cash Flow | $1M | — | -$86.0K | — | 1319.8% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $541.3K |
| R&D Expenses | $0 |
| Selling & Marketing | $33.4K |
| General & Administrative | $626.5K |
| SG&A Expenses | $660.0K |
| Other Expenses | $0 |
| Operating Expenses | $660.0K |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$118.7K |
| Interest Income | $0 |
| Interest Expense | $142.8K |
| Other Income/Expenses | -$142.8K |
| INCOME BEFORE TAX | -$261.5K |
| Income Tax Expense | -$43.4K |
| Net Income from Continuing Ops | -$218.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$218.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$218.1K |
| D&A | $616 |
| EBIT | -$118.7K |
| EBITDA | -$118.1K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$218.1K |
| Depreciation & Amortization | $615 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$34.8K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $1M |
| 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 | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $805.7K |
| NET CASH FROM FINANCING | -$510.0K |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $91.6K |
| Inventory | $1M |
| Other Current Assets | $378.7K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $1.6K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $193.7K |
| Other Non-Current Assets | $340.2K |
| TOTAL NON-CURRENT ASSETS | $535.5K |
| TOTAL ASSETS | $4M |
| Account Payables | $244.4K |
| Short-Term Debt | $1M |
| Deferred Revenue | $61.8K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $5M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $1.3K |
| Retained Earnings | -$814.3K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2.9K |
| Other Equity | -$10.0K |
| TOTAL STOCKHOLDERS' EQUITY | -$810.1K |
| Minority Interest | $0 |
| TOTAL EQUITY | -$810.1K |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $4M |
| Net Debt | $3M |
