| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | — | $10M | — | -19.5% |
| Op. Income | -$51.5K | — | -$5M | — | 98.9% |
| Gross Margin | 56.7% | — | 41.7% | — | 15.1pp |
| Net Margin | 1.1% | — | -45.5% | — | 46.6pp |
| EPS (Diluted) | $0.27 | — | $-14.48 | — | 101.9% |
| Free Cash Flow | -$1M | — | -$2M | — | 31.1% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $5M |
| R&D Expenses | $135.1K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$51.5K |
| Interest Income | $101.1K |
| Interest Expense | $0 |
| Other Income/Expenses | $128.2K |
| INCOME BEFORE TAX | $76.7K |
| Income Tax Expense | -$106.2K |
| Net Income from Continuing Ops | $182.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $90.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $90.0K |
| D&A | $227.3K |
| EBIT | -$51.5K |
| EBITDA | $175.7K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $90.0K |
| Depreciation & Amortization | $227.3K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$164.7K |
| Other Non-Cash Items | $339.5K |
| Change in Working Capital | $317.5K |
| OPERATING CASH FLOW | $809.6K |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $277.8K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $6M |
| Net Receivables | $3M |
| Inventory | $300.6K |
| Other Current Assets | $390.4K |
| TOTAL CURRENT ASSETS | $17M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $14.7K |
| Long-Term Investments | $1M |
| Tax Assets | $417.5K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $24M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $508.9K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $31.3K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $550.1K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $2.7K |
| Additional Paid-In Capital | $25M |
| Retained Earnings | -$7M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$381.4K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18M |
| Minority Interest | $3M |
| TOTAL EQUITY | $21M |
| TOTAL LIABILITIES & EQUITY | $24M |
| Total Debt | $734.3K |
| Net Debt | -$6M |
