| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | — | $18M | — | -30.2% |
| Op. Income | -$2M | — | $149.3K | — | -1265.9% |
| Gross Margin | 25.2% | — | 32.6% | — | -7.4pp |
| Net Margin | -101.7% | — | -3.9% | — | -97.8pp |
| EPS (Diluted) | $-2155.91 | — | $-120.79 | — | -1684.8% |
| Free Cash Flow | -$2M | — | $5M | — | -152.0% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $3M |
| R&D Expenses | $86.5K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $45.8K |
| Operating Expenses | $5M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $136.6K |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | $665.1K |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $248.9K |
| EBIT | -$12M |
| EBITDA | -$12M |
| EPS | -$2.2K |
| EPS Diluted | -$2.2K |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $248.9K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $665.1K |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$653.9K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$67.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$313.5K |
| Sales/Maturities of Investments | $313.5K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$67.7K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $3M |
| Net Receivables | $14M |
| Inventory | $4M |
| Other Current Assets | $539.2K |
| TOTAL CURRENT ASSETS | $34M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $147.7K |
| Long-Term Investments | $692.5K |
| Tax Assets | $0 |
| Other Non-Current Assets | $96.1K |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $49M |
| Account Payables | $8M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $23M |
| Common Stock | $68.4K |
| Additional Paid-In Capital | $29M |
| Retained Earnings | -$3M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $339.1K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27M |
| Minority Interest | $0 |
| TOTAL EQUITY | $27M |
| TOTAL LIABILITIES & EQUITY | $49M |
| Total Debt | $7M |
| Net Debt | -$2M |
