| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $280.6K | — | — | — | — |
| Op. Income | -$1M | — | — | — | — |
| Gross Margin | 4.9% | — | — | — | — |
| Net Margin | -508.7% | — | — | — | — |
| EPS (Diluted) | $-0.20 | — | — | — | — |
| Free Cash Flow | -$2M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $280.6K |
| Cost of Revenue | $266.9K |
| GROSS PROFIT | $13.7K |
| R&D Expenses | $127.8K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $3.7K |
| Other Income/Expenses | $14.4K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $230.0K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $230.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$493.2K |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$465 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$464 |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$733.7K |
| NET CASH FROM FINANCING | $402.9K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $8.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.9K |
| Short-Term Investments | $0 |
| Net Receivables | $95.0K |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $4M |
| Account Payables | $129.2K |
| Short-Term Debt | $58.9K |
| Deferred Revenue | $464.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $127.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $723.1K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $4M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $8M |
| Retained Earnings | -$8M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $131.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $452.1K |
| Minority Interest | $0 |
| TOTAL EQUITY | $452.1K |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $1M |
| Net Debt | $1M |
