| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $15M | — | -68.4% | — |
| Op. Income | -$14M | -$11M | — | -31.3% | — |
| Gross Margin | -164.2% | -22.8% | — | -141.4pp | — |
| Net Margin | -299.3% | -85.3% | — | -214.0pp | — |
| EPS (Diluted) | $-0.72 | $-0.66 | — | -9.1% | — |
| Free Cash Flow | -$14M | -$4M | — | -235.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $13M |
| GROSS PROFIT | -$8M |
| R&D Expenses | $0 |
| Selling & Marketing | $14.4K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $282.1K |
| Operating Expenses | $6M |
| Cost & Expenses | $19M |
| OPERATING INCOME | -$14M |
| Interest Income | $183.5K |
| Interest Expense | $112.8K |
| Other Income/Expenses | $1.0K |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $305.9K |
| EBIT | -$14M |
| EBITDA | -$14M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $525.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | -$518.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$388.6K |
| Common Stock Repurchased | -$485.1K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$873.7K |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $10M |
| Net Receivables | $2M |
| Inventory | $8M |
| Other Current Assets | $1 |
| TOTAL CURRENT ASSETS | $34M |
| PP&E (Net) | $739.1K |
| Goodwill | $4M |
| Intangible Assets | $2M |
| Long-Term Investments | $498.3K |
| Tax Assets | $0 |
| Other Non-Current Assets | $176.9K |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $41M |
| Account Payables | $4M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $100.0K |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $19.9K |
| Additional Paid-In Capital | $75M |
| Retained Earnings | -$41M |
| Treasury Stock | -$485.1K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $33M |
| Minority Interest | $118.3K |
| TOTAL EQUITY | $33M |
| TOTAL LIABILITIES & EQUITY | $41M |
| Total Debt | $4M |
| Net Debt | -$9M |
