| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37.0K | $7.0K | — | 428.6% | — |
| Op. Income | -$2M | -$3M | — | 25.2% | — |
| Gross Margin | -710.8% | 28.6% | — | -739.4pp | — |
| Net Margin | -4678.4% | -49214.3% | — | 44535.9pp | — |
| EPS (Diluted) | $-4.00 | $-22.00 | — | 81.8% | — |
| Free Cash Flow | -$3M | -$2M | — | -38.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $37.0K |
| Cost of Revenue | $300.0K |
| GROSS PROFIT | -$263.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $168.0K |
| Interest Expense | $100.0K |
| Other Income/Expenses | $674.0K |
| 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 | $269.0K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $269.0K |
| Stock-Based Compensation | $360.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $88.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$82.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$28.0K |
| NET CASH FROM INVESTING | -$82.0K |
| Net Debt Issuance | -$4.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$265.0K |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $375.0K |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $155.0K |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $259.0K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $24M |
| Account Payables | $1M |
| Short-Term Debt | $88.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $112.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $235.0K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $199M |
| Retained Earnings | -$181M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20M |
| Minority Interest | $0 |
| TOTAL EQUITY | $20M |
| TOTAL LIABILITIES & EQUITY | $24M |
| Total Debt | $323.0K |
| Net Debt | -$17M |
