| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | — | $5M | — | -33.1% |
| Op. Income | $272.7K | — | $1M | — | -75.6% |
| Gross Margin | 56.5% | — | 51.1% | — | 5.4pp |
| Net Margin | 6.2% | — | 15.8% | — | -9.6pp |
| EPS (Diluted) | $0.05 | — | $0.19 | — | -73.1% |
| Free Cash Flow | -$100.4K | — | $293.5K | — | -134.2% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $402.4K |
| General & Administrative | $492.7K |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $272.7K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$92.7K |
| INCOME BEFORE TAX | $180.0K |
| Income Tax Expense | $55.5K |
| Net Income from Continuing Ops | $124.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $227.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $227.1K |
| D&A | $37.2K |
| EBIT | $180.0K |
| EBITDA | $217.2K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $402.4K |
| General & Administrative | $492.7K |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $272.7K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$92.7K |
| INCOME BEFORE TAX | $180.0K |
| Income Tax Expense | $55.5K |
| Net Income from Continuing Ops | $124.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $227.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $227.1K |
| D&A | $37.2K |
| EBIT | $180.0K |
| EBITDA | $217.2K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $227.1K |
| Depreciation & Amortization | $37.2K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $646.1K |
| Change in Working Capital | -$579.8K |
| OPERATING CASH FLOW | -$100.4K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$100.4K |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $216.4K |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $948.5K |
| Goodwill | $0 |
| Intangible Assets | $16.8K |
| Long-Term Investments | $92.2K |
| Tax Assets | $352.7K |
| Other Non-Current Assets | $52.7K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $16M |
| Account Payables | $91.6K |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $227.7K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $44.4K |
| Additional Paid-In Capital | $5M |
| Retained Earnings | $7M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$579.6K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $1M |
| TOTAL EQUITY | $12M |
| TOTAL LIABILITIES & EQUITY | $16M |
| Total Debt | $446.7K |
| Net Debt | -$11M |
