| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $5M | $8M | 12.1% | -24.2% |
| Op. Income | -$2M | -$8M | -$3M | 78.6% | 36.5% |
| Gross Margin | 6.2% | -7.4% | 8.4% | 13.6pp | -2.2pp |
| Net Margin | -32.6% | -176.9% | -31.5% | 144.3pp | -1.1pp |
| EPS (Diluted) | $-0.08 | $-0.38 | $-0.10 | 79.6% | 22.3% |
| Free Cash Flow | $239.0K | -$782.0K | -$235.0K | 130.6% | 201.7% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $375.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $131.0K |
| Other Income/Expenses | -$262.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$4.0K |
| 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 | $2M |
| EBIT | -$2M |
| EBITDA | $359.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $740.0K |
| Change in Working Capital | -$43.0K |
| OPERATING CASH FLOW | $929.0K |
| Capital Expenditure | -$690.0K |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | -$168.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$27.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $239.0K |
| Net Change in Cash | $217.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $159.0K |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $86.0K |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $68M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $514.0K |
| TOTAL NON-CURRENT ASSETS | $68M |
| TOTAL ASSETS | $74M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $16.0K |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $26M |
| TOTAL LIABILITIES | $36M |
| Common Stock | $281.0K |
| Additional Paid-In Capital | $221M |
| Retained Earnings | -$184M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $38M |
| Minority Interest | $0 |
| TOTAL EQUITY | $38M |
| TOTAL LIABILITIES & EQUITY | $74M |
| Total Debt | $8M |
| Net Debt | $5M |
