| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $8M | $9M | 4.3% | -0.6% |
| Op. Income | -$2M | -$486.0K | -$615.0K | -240.1% | -168.8% |
| Gross Margin | 60.3% | 58.5% | 56.0% | 1.8pp | 4.4pp |
| Net Margin | -24.1% | -1.2% | -11.9% | -22.9pp | -12.2pp |
| EPS (Diluted) | $-0.05 | $-0.00 | $-0.03 | -1775.0% | -73.8% |
| Free Cash Flow | -$364.0K | $246.0K | -$2M | -248.0% | 80.1% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $5M |
| R&D Expenses | $243.0K |
| Selling & Marketing | $3M |
| General & Administrative | $4M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$2M |
| Interest Income | $68.0K |
| Interest Expense | $537.0K |
| Other Income/Expenses | -$469.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $1M |
| EBIT | -$2M |
| EBITDA | -$265.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $26.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$12.0K |
| Change in Working Capital | $486.0K |
| OPERATING CASH FLOW | -$302.0K |
| Capital Expenditure | -$62.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$62.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$364.0K |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $3M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $16M |
| PP&E (Net) | $12M |
| Goodwill | $7M |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $231.0K |
| TOTAL NON-CURRENT ASSETS | $24M |
| TOTAL ASSETS | $40M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $15M |
| Deferred Revenue NC | $298.0K |
| Deferred Tax Liabilities | $186.0K |
| Other Non-Current Liabilities | $177.0K |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $31M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $253M |
| Retained Earnings | -$244M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $0 |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $40M |
| Total Debt | $16M |
| Net Debt | $9M |
