Q3 2024 Earnings

Reported September 29, 2024

Quarter Comparison

Revenue

Operating Income

EPS (Diluted)

Free Cash Flow

Metric	Q3 2024	Q2 2024	Q3 2023	QoQ Change	YoY Change
Revenue	$0	$0	—	—	—
Op. Income	-$2M	-$2M	—	-19.6%	—
EPS (Diluted)	$-0.03	$-0.02	—	-25.1%	—
Free Cash Flow	-$986.5K	-$862.6K	—	-14.4%	—

Income Statement

Item	Amount
REVENUE	$0
Cost of Revenue	$11.6K
GROSS PROFIT	-$11.6K
R&D Expenses	$286.1K
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$2M
Other Expenses	$0
Operating Expenses	$2M
Cost & Expenses	$2M
OPERATING INCOME	-$2M
Interest Income	$0
Interest Expense	$60.0K
Other Income/Expenses	-$98.3K
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	$11.6K
EBIT	-$2M
EBITDA	-$2M
EPS	-$0
EPS Diluted	-$0

Cash Flow Statement

Item	Amount
Net Income	-$2M
Depreciation & Amortization	$11.6K
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$910.4K
Change in Working Capital	$260.2K
OPERATING CASH FLOW	-$986.5K
Capital Expenditure	$4
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	$0
Net Debt Issuance	$910.0K
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$1M
NET CASH FROM FINANCING	$2M
FREE CASH FLOW	-$986.5K
Net Change in Cash	$0