| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $3M | $4M | -26.4% | -41.9% |
| Op. Income | -$1M | -$2M | -$6M | 31.3% | 80.2% |
| Gross Margin | 28.2% | 28.6% | 20.3% | -0.4pp | 7.9pp |
| Net Margin | 76.8% | -27.1% | -278.8% | 103.9pp | 355.5pp |
| EPS (Diluted) | $19.50 | $-19.50 | $-400.00 | 200.0% | 104.9% |
| Free Cash Flow | -$915.3K | $267.2K | -$3M | -442.5% | 71.3% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $647.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $305.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $365.1K |
| Other Income/Expenses | $3M |
| 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 | $2M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | $1.9K |
| EPS Diluted | $20 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $472.4K |
| OPERATING CASH FLOW | -$915.3K |
| 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 | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$915.3K |
| Net Change in Cash | -$100.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $285.9K |
| Short-Term Investments | $0 |
| Net Receivables | $528.0K |
| Inventory | $2M |
| Other Current Assets | $272.9K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $1.0K |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $5M |
| Account Payables | $5M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $20M |
| Common Stock | $2.4K |
| Additional Paid-In Capital | $136M |
| Retained Earnings | -$151M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $210.8K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$14M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$14M |
| TOTAL LIABILITIES & EQUITY | $5M |
| Total Debt | $5M |
| Net Debt | $4M |
