$1.84M
Revenue
$-5.30M
Net Income
27.27%
Gross Margin
-298.00%
Op. Margin
$-744.18K
Free Cash Flow
| Breakdown | Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2021) |
Q3 2021 (Sep 30, 2021) |
Q2 2021 (Jun 30, 2021) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $247.06K | $267.82K | $418.96K | $909.72K | $1.27M | $1.64M | $2.72M | $2.92M | $2.34M | $1.26M | $2.55M | $2.01M | $1.83M |
| Revenue Growth % (YoY) | -80.6% | -83.6% | -84.6% | -68.8% | -45.5% | 29.6% | 6.8% | 45.4% | 28.0% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $202.78K | $212.89K | $331.85K | $593.29K | $652.80K | $677.37K | $1.57M | $1.40M | $1.10M | $518.46K | $1.26M | $875.42K | $797.52K |
| Gross Profit | $44.28K | $54.93K | $87.11K | $316.43K | $619.80K | $957.92K | $1.15M | $1.51M | $1.24M | $743.35K | $1.29M | $1.13M | $1.03M |
| Gross Margin % | 17.9% | 20.5% | 20.8% | 34.8% | 48.7% | 58.6% | 42.1% | 52.0% | 52.9% | 58.9% | 50.6% | 56.3% | 56.3% |
| Operating Income | $-772.15K | $-992.94K | $-2.51M | $-1.22M | $-420.79K | $-6.71K | $-4.05M | $1.03M | $873.35K | $197.91K | $605.24K | $608.08K | $558.51K |
| Operating Margin % | -312.5% | -370.7% | -598.4% | -134.3% | -33.1% | -0.4% | -148.8% | 35.2% | 37.4% | 15.7% | 23.8% | 30.3% | 30.6% |
| Interest Expense | $18.54K | $10.84K | $9.84K | $10.29K | $8.96K | $9.29K | $10.37K | $10.39K | $4.86K | $5.83K | $4.00K | $4.33K | $5.93K |
| Other Income/Expense | $-5.48K | $-7.82K | $-5.72K | $-2.81K | $-2.51K | $-7.49K | $-10.19K | $2.22K | $2.00K | $6.21K | $49.60K | $2.31K | $89.00 |
| Income Before Tax | $-777.63K | $-1.00M | $-2.51M | $-1.22M | $-423.30K | $-14.20K | $-4.06M | $1.02M | $870.50K | $198.37K | $650.96K | $606.26K | $553.15K |
| Income Tax Expense | $90.00 | $319.00 | $1.85K | $-1.91K | $21.53K | $74.97K | $-25.79K | $108.35K | $81.51K | $22.41K | $-70.19K | $156.40K | $96.27K |
| Net Income | $-729.48K | $-999.53K | $-2.46M | $-1.11M | $-386.82K | $-88.82K | $-3.69M | $855.80K | $747.73K | $148.68K | $670.02K | $389.99K | $414.48K |
| Net Margin % | -295.3% | -373.2% | -587.7% | -121.9% | -30.4% | -5.4% | -135.8% | 29.4% | 32.0% | 11.8% | 26.3% | 19.4% | 22.7% |
| Basic EPS | -0.05 | -0.06 | -0.16 | -0.07 | -0.02 | -0.01 | -0.23 | 0.05 | 0.05 | 0.01 | 0.04 | nan | nan |
| Diluted EPS | -0.05 | -0.06 | -0.16 | -0.07 | -0.02 | nan | -0.23 | nan | nan | nan | nan | nan | nan |
| Basic Shares Outstanding | 15.7M | 15.7M | - | 15.7M | 15.7M | 15.7M | - | 15.7M | 15.7M | 15.7M | - | - | - |
| Diluted Shares Outstanding | 15.7M | 15.7M | - | 15.7M | 15.7M | - | - | - | - | - | - | - | - |
| Breakdown | Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2021) |
Q3 2021 (Sep 30, 2021) |
Q2 2021 (Jun 30, 2021) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $7.41K | $16.79K | $288.25K | $13.28K | $75.95K | $20.19K | $165.69K | $239.44K | $85.33K | $150.61K | $123.16K | $150.19K | $420.40K |
| Accounts Receivable | $2.16M | $2.53M | $3.12M | $4.30M | $5.10M | $5.37M | $4.80M | $3.65M | $2.70M | $1.88M | $2.66M | $2.00M | $1.19M |
| Inventory | $34.55K | $25.15K | $32.59K | $59.24K | $76.80K | $85.27K | $148.93K | $147.10K | $139.53K | $148.00K | $81.07K | $353.55K | $136.36K |
| Other Current Assets | $1.45M | $1.53M | $1.64M | $1.37M | $1.54M | $1.82M | $1.76M | $2.51M | $2.44M | $2.63M | $2.18M | - | - |
| Total Current Assets | $3.65M | $4.10M | $5.08M | $5.74M | $6.79M | $7.30M | $6.87M | $6.54M | $5.37M | $4.84M | $5.07M | $4.89M | $4.35M |
| Property Plant & Equipment | $65.54K | $74.12K | $83.71K | $104.22K | $112.46K | $87.74K | $97.89K | $110.02K | $118.06K | $128.22K | $140.39K | $149.21K | $89.03K |
| Goodwill | - | - | - | $431.32K | $435.56K | $456.86K | $454.20K | $1.26M | $1.33M | $1.41M | $1.41M | $1.39M | $1.38M |
| Intangible Assets | $46.36K | $97.78K | $151.64K | $198.81K | $252.15K | $318.37K | $370.93K | $1.48M | $1.77M | $2.07M | $2.28M | $2.44M | $2.65M |
| Total Assets | $4.60M | $5.15M | $6.25M | $7.37M | $8.58M | $9.39M | $9.29M | $12.10M | $11.71M | $11.52M | $11.69M | $11.25M | $10.66M |
| Accounts Payable | $518.06K | $495.23K | $583.89K | $683.97K | $692.03K | $716.44K | $688.82K | $155.04K | $191.00K | $165.43K | $239.49K | $321.53K | $204.01K |
| Short-term Debt | $420.64K | $424.60K | $458.02K | $451.12K | $483.23K | $482.41K | $422.65K | $413.21K | $208.01K | $95.81K | $101.21K | - | - |
| Accrued Liabilities | $756.86K | $671.72K | $627.46K | $625.19K | $553.03K | $600.86K | $502.39K | $131.36K | $138.59K | $158.96K | $128.34K | $121.45K | $108.28K |
| Deferred Revenue | $1.34M | $1.35M | $1.36M | $71.31K | $116.77K | $140.66K | $139.33K | $176.21K | - | - | $382.52K | $538.83K | $695.70K |
| Other Current Liabilities | - | - | - | - | - | $571.03K | - | - | - | - | - | - | - |
| Total Current Liabilities | $4.15M | $3.82M | $3.85M | $2.67M | $2.74M | $2.67M | $2.48M | $1.72M | $1.45M | $1.40M | $1.72M | $2.11M | $1.99M |
| Long-term Debt | $218.03K | $247.59K | $212.04K | $188.33K | $46.36K | $32.39K | $58.44K | $89.42K | $173.43K | $177.35K | $188.22K | $224.26K | $201.72K |
| Total Liabilities | $4.48M | $4.23M | $4.26M | $3.04M | $2.99M | $2.93M | $2.79M | $2.07M | $1.88M | $1.87M | $2.22M | $2.67M | $2.55M |
| Common Stock | $15.65K | $15.65K | $15.65K | $15.65K | $15.65K | $15.65K | $15.65K | $15.65K | $15.65K | $15.65K | $15.65K | $15.65K | $313.10K |
| Retained Earnings | $-10.28M | $-9.55M | $-8.55M | $-6.09M | $-4.98M | $-4.59M | $-4.50M | $-809.47K | $-1.67M | $-2.41M | $-2.56M | $-3.23M | $-3.62M |
| Total Stockholders Equity | $297.32K | $1.05M | $2.12M | $4.44M | $5.58M | $6.35M | $6.39M | $9.59M | $9.41M | $9.22M | $9.06M | $8.24M | $7.83M |
| Total Liabilities & Equity | $4.60M | $5.15M | $6.25M | $7.37M | $8.58M | $9.39M | $9.29M | $12.10M | $11.71M | $11.52M | $11.69M | $11.25M | $10.66M |
| Breakdown | Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2021) |
Q3 2021 (Sep 30, 2021) |
Q2 2021 (Jun 30, 2021) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-729.48K | $-999.53K | $-2.46M | $-1.11M | $-386.82K | $-88.82K | $-3.69M | $1.75M | $896.41K | $148.68K | $670.02K | $389.99K | $719.73K |
| Depreciation & Amortization | $116.41K | $58.56K | $60.06K | $183.81K | $124.68K | $64.29K | $204.14K | $648.74K | $433.42K | $224.42K | $231.31K | $638.10K | $426.22K |
| Change in Receivables | $222.30K | $104.83K | $-106.08K | $274.18K | $896.40K | $546.35K | $1.04M | $1.37M | $185.86K | $-785.26K | $619.20K | $-494.35K | $-1.30M |
| Change in Inventory | $2.75K | $-6.93K | $-27.72K | $-85.14K | $-68.72K | $-64.78K | $-4.12K | $80.65K | $64.83K | $66.68K | $-272.77K | $206.35K | $-9.75K |
| Operating Cash Flow | $-274.81K | $-290.17K | $93.73K | $-272.94K | $-85.82K | $-174.91K | $-41.52K | $48.44K | $17.44K | $133.44K | $255.06K | $-712.20K | $-689.47K |
| Capital Expenditure | - | - | $93.00 | $4.79K | $4.79K | - | - | - | - | - | $-2.37K | $119.45K | $57.44K |
| Investing Cash Flow | - | - | $609.00 | $-5.49K | $-5.49K | $-702.00 | - | - | - | - | $106.26K | $362.93K | $581.65K |
| Financing Cash Flow | $-130.00 | $19.34K | $75.27K | $161.34K | $42.80K | $31.02K | $-41.88K | $108.00K | $-49.54K | $-95.64K | $-404.31K | $212.28K | $283.59K |
| Net Change in Cash | $-280.85K | $-271.47K | $274.98K | $-152.41K | $-89.73K | $-145.50K | $-73.76K | $116.28K | $-37.84K | $27.45K | $-27.03K | $-99.65K | $170.56K |
SEC Filing Format - Data shown as it appears in the Q2 2024 (10-Q) filing
Period ended: Jun 30, 2024
Condensed Consolidated Statements of Operations
| Description | Jun 30, 2024 | Jun 30, 2024 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $247.06K | - | $514.88K | - |
| Cost of Revenue | $202.78K | - | $415.67K | - |
| Gross Profit | $44.28K | - | $99.21K | - |
| Operating Income | $-772.15K | - | $-1.77M | - |
| Interest Expense | $7.70K | - | $18.54K | - |
| Other Income/Expense | $-5.48K | - | $-13.30K | - |
| Income Before Tax | $-777.63K | - | $-1.78M | - |
| Income Tax Expense | $90.00 | - | $409.00 | - |
| Net Income | $-729.48K | $-89.18K | $-1.73M | - |
| Basic EPS | -0.05 | - | -0.11 | - |
| Diluted EPS | -0.05 | - | -0.11 | - |
| Basic Shares Outstanding | $15.66M | - | $15.66M | - |
| Diluted Shares Outstanding | $15.66M | - | $15.66M | - |
Condensed Consolidated Balance Sheets
| Description | Jun 30, 2024 | Dec 31, 2023 |
|---|---|---|
| Cash & Cash Equivalents | $7.41K | $288.25K |
| Accounts Receivable | $2.16M | $3.12M |
| Inventory | $34.55K | $32.59K |
| Other Current Assets | $1.45M | $1.64M |
| Total Current Assets | $3.65M | $5.08M |
| Property Plant & Equipment | $65.54K | $83.71K |
| Intangible Assets | $46.36K | $151.64K |
| Total Assets | $4.60M | $6.25M |
| Accounts Payable | $518.06K | $583.89K |
| Short-term Debt | $420.64K | $458.02K |
| Accrued Liabilities | $756.86K | $627.46K |
| Deferred Revenue | $1.34M | $1.36M |
| Total Current Liabilities | $4.15M | $3.85M |
| Long-term Debt | $218.03K | $212.04K |
| Total Liabilities | $4.48M | $4.26M |
| Common Stock | $15.65K | $15.65K |
| Retained Earnings | $-10.28M | $-8.55M |
| Total Stockholders Equity | $297.32K | $2.12M |
| Total Liabilities & Equity | $4.60M | $6.25M |
Condensed Consolidated Statements of Cash Flows
| Description | Jun 30, 2024 | Jun 30, 2024 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-729.48K | $-89.18K | $-1.73M | - |
| Depreciation & Amortization | - | - | $116.41K | - |
| Change in Receivables | - | - | $222.30K | - |
| Change in Inventory | - | - | $2.75K | - |
| Operating Cash Flow | - | - | $-274.81K | - |
| Investing Cash Flow | - | - | - | - |
| Financing Cash Flow | - | - | $-130.00 | - |
| Net Change in Cash | - | - | $-280.85K | - |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.