| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $11M | $0 | -1.0% | — |
| Op. Income | $3M | $876.9K | -$1M | 266.7% | 319.7% |
| Gross Margin | 34.7% | 23.6% | — | 11.1pp | — |
| Net Margin | 23.2% | 22.8% | — | 0.4pp | — |
| EPS (Diluted) | $0.02 | $0.02 | $-0.01 | -8.2% | 261.3% |
| Free Cash Flow | -$55M | -$12M | -$2M | -353.7% | -2283.0% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | -$279.2K |
| General & Administrative | $911.3K |
| SG&A Expenses | $632.1K |
| Other Expenses | $0 |
| Operating Expenses | $632.1K |
| Cost & Expenses | $8M |
| OPERATING INCOME | $3M |
| Interest Income | $276.2K |
| Interest Expense | $2.9K |
| Other Income/Expenses | -$784.9K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$140.3K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $5.1K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | -$279.2K |
| General & Administrative | $911.3K |
| SG&A Expenses | $632.1K |
| Other Expenses | $0 |
| Operating Expenses | $632.1K |
| Cost & Expenses | $8M |
| OPERATING INCOME | $3M |
| Interest Income | $276.2K |
| Interest Expense | $2.9K |
| Other Income/Expenses | -$784.9K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$140.3K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $5.1K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $5.1K |
| Stock-Based Compensation | $135.9K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $57M |
| Change in Working Capital | -$58M |
| OPERATING CASH FLOW | -$55M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$55M |
| Net Change in Cash | -$43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $6M |
| Net Receivables | $2M |
| Inventory | $132M |
| Other Current Assets | $80.4K |
| TOTAL CURRENT ASSETS | $142M |
| PP&E (Net) | $140.3K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $34M |
| TOTAL ASSETS | $176M |
| Account Payables | $555.4K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $582.4K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $121.3K |
| TOTAL LIABILITIES | $703.7K |
| Common Stock | $156M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $13M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $176M |
| Minority Interest | $0 |
| TOTAL EQUITY | $176M |
| TOTAL LIABILITIES & EQUITY | $176M |
| Total Debt | $148.3K |
| Net Debt | -$2M |
