| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $10M | — | 11.2% | — |
| Op. Income | -$47M | -$55M | — | 14.2% | — |
| Gross Margin | 32.1% | 41.3% | — | -9.1pp | — |
| Net Margin | -522.8% | -657.6% | — | 134.9pp | — |
| EPS (Diluted) | $-0.22 | $-0.25 | — | 12.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $4M |
| R&D Expenses | $35M |
| Selling & Marketing | $2M |
| General & Administrative | $13M |
| SG&A Expenses | $15M |
| Other Expenses | $845.1K |
| Operating Expenses | $51M |
| Cost & Expenses | $59M |
| OPERATING INCOME | -$47M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | -$60M |
| Income Tax Expense | $115.9K |
| Net Income from Continuing Ops | -$60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$60M |
| D&A | $0 |
| EBIT | -$46M |
| EBITDA | -$46M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $267M |
| Short-Term Investments | $344M |
| Net Receivables | $71M |
| Inventory | $40M |
| Other Current Assets | $447.4K |
| TOTAL CURRENT ASSETS | $731M |
| PP&E (Net) | $25M |
| Goodwill | $7M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $218.4K |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $36M |
| TOTAL ASSETS | $767M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $28M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $54M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $728.2K |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $1.2K |
| Additional Paid-In Capital | $161M |
| Retained Earnings | -$1.0B |
| Treasury Stock | -$22M |
| Accum. Other Comp. Income | $110M |
| Other Equity | $237M |
| TOTAL STOCKHOLDERS' EQUITY | -$536M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$536M |
| TOTAL LIABILITIES & EQUITY | $767M |
| Total Debt | $6M |
| Net Debt | -$261M |
