| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $16M | $14M | 1.0% | 19.1% |
| Op. Income | -$3M | -$2M | -$837.9K | -76.4% | -240.4% |
| Gross Margin | 0.8% | 0.4% | 4.0% | 0.4pp | -3.3pp |
| Net Margin | -20.5% | -11.7% | -13.6% | -8.7pp | -6.9pp |
| EPS (Diluted) | $-0.12 | $-0.07 | $-20.00 | -68.3% | 99.4% |
| Free Cash Flow | -$143.5K | -$3M | -$1M | 95.0% | 87.6% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $122.4K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $19M |
| OPERATING INCOME | -$3M |
| Interest Income | $2.3K |
| Interest Expense | $479.9K |
| Other Income/Expenses | -$447.6K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $33.2K |
| 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 | $988.4K |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $988.4K |
| Stock-Based Compensation | $810.1K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11.5K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$528.8K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$528.8K |
| FREE CASH FLOW | -$143.5K |
| Net Change in Cash | -$672.3K |
