| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $2M | — | -47.8% | — |
| Op. Income | -$3M | -$3M | — | 10.5% | — |
| Gross Margin | 66.5% | 69.2% | — | -2.7pp | — |
| Net Margin | -873.1% | -125.9% | — | -747.2pp | — |
| EPS (Diluted) | $-4.91 | $-1.02 | — | -382.8% | — |
| Free Cash Flow | -$2M | -$810.5K | — | -113.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $412.5K |
| GROSS PROFIT | $820.1K |
| R&D Expenses | $233.1K |
| Selling & Marketing | $1M |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $273.8K |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $40.6K |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $3M |
| EBIT | -$3M |
| EBITDA | $0 |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $941.7K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $796.9K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$877 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$877 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $919.9K |
| Short-Term Investments | $406.9K |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $890.7K |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $890.7K |
| TOTAL ASSETS | $6M |
| Account Payables | $2M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $27M |
| Common Stock | $75.2K |
| Additional Paid-In Capital | $193M |
| Retained Earnings | -$208M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$21M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$21M |
| TOTAL LIABILITIES & EQUITY | $6M |
| Total Debt | $7M |
| Net Debt | $6M |
