| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $156M | $146M | $114M | 6.7% | 37.4% |
| Op. Income | -$49M | -$49M | -$46M | 0.0% | -8.2% |
| Gross Margin | 62.1% | 60.4% | 58.6% | 1.7pp | 3.5pp |
| Net Margin | -33.0% | -35.6% | -53.6% | 2.5pp | 20.5pp |
| EPS (Diluted) | $-1.57 | $-1.59 | $-0.68 | 1.3% | -130.9% |
| Free Cash Flow | -$33M | -$33M | — | 0.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $156M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $97M |
| R&D Expenses | $54M |
| Selling & Marketing | $53M |
| General & Administrative | $39M |
| SG&A Expenses | $92M |
| Other Expenses | $216.0K |
| Operating Expenses | $146M |
| Cost & Expenses | $205M |
| OPERATING INCOME | -$49M |
| Interest Income | $2M |
| Interest Expense | $4M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$52M |
| Income Tax Expense | -$141.0K |
| Net Income from Continuing Ops | -$52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$52M |
| D&A | $16M |
| EBIT | -$49M |
| EBITDA | -$33M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$52M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | -$23M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $20M |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | -$33M |
| Net Change in Cash | -$19M |
