$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) |
|---|---|---|---|---|---|---|
| Total Revenue | $247.06K | $267.82K | $418.96K | $909.72K | $1.27M | $1.64M |
| Revenue Growth % (YoY) | -80.6% | -83.6% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $202.78K | $212.89K | $331.85K | $593.29K | $652.80K | $677.37K |
| Gross Profit | $44.28K | $54.93K | $87.11K | $316.43K | $619.80K | $957.92K |
| Gross Margin % | 17.9% | 20.5% | 20.8% | 34.8% | 48.7% | 58.6% |
| Operating Income | $-772.15K | $-992.94K | $-2.51M | $-1.22M | $-420.79K | $-6.71K |
| Operating Margin % | -312.5% | -370.7% | -598.4% | -134.3% | -33.1% | -0.4% |
| Interest Expense | $18.54K | $10.84K | $9.84K | $10.29K | $8.96K | $9.29K |
| Other Income/Expense | $-5.48K | $-7.82K | $-5.72K | $-2.81K | $-2.51K | $-7.49K |
| Income Before Tax | $-777.63K | $-1.00M | $-2.51M | $-1.22M | $-423.30K | $-14.20K |
| Income Tax Expense | $90.00 | $319.00 | $1.85K | $-1.91K | $21.53K | $74.97K |
| Net Income | $-729.48K | $-999.53K | $-2.46M | $-1.11M | $-386.82K | $-88.82K |
| Net Margin % | -295.3% | -373.2% | -587.7% | -121.9% | -30.4% | -5.4% |
| Basic EPS | -0.05 | -0.06 | -0.16 | -0.07 | -0.02 | -0.01 |
| Diluted EPS | -0.05 | -0.06 | -0.16 | -0.07 | -0.02 | nan |
| Basic Shares Outstanding | 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) |
|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $7.41K | $16.79K | $288.25K | $13.28K | $75.95K | $20.19K |
| Accounts Receivable | $2.16M | $2.53M | $3.12M | $4.30M | $5.10M | $5.37M |
| Inventory | $34.55K | $25.15K | $32.59K | $59.24K | $76.80K | $85.27K |
| Other Current Assets | $1.45M | $1.53M | $1.64M | $1.37M | $1.54M | $1.82M |
| Total Current Assets | $3.65M | $4.10M | $5.08M | $5.74M | $6.79M | $7.30M |
| Property Plant & Equipment | $65.54K | $74.12K | $83.71K | $104.22K | $112.46K | $87.74K |
| Goodwill | - | - | - | $431.32K | $435.56K | $456.86K |
| Intangible Assets | $46.36K | $97.78K | $151.64K | $198.81K | $252.15K | $318.37K |
| Total Assets | $4.60M | $5.15M | $6.25M | $7.37M | $8.58M | $9.39M |
| Accounts Payable | $518.06K | $495.23K | $583.89K | $683.97K | $692.03K | $716.44K |
| Short-term Debt | $420.64K | $424.60K | $458.02K | $451.12K | $483.23K | $482.41K |
| Accrued Liabilities | $756.86K | $671.72K | $627.46K | $625.19K | $553.03K | $600.86K |
| Deferred Revenue | $1.34M | $1.35M | $1.36M | $71.31K | $116.77K | $140.66K |
| Other Current Liabilities | - | - | - | - | - | $571.03K |
| Total Current Liabilities | $4.15M | $3.82M | $3.85M | $2.67M | $2.74M | $2.67M |
| Long-term Debt | $218.03K | $247.59K | $212.04K | $188.33K | $46.36K | $32.39K |
| Total Liabilities | $4.48M | $4.23M | $4.26M | $3.04M | $2.99M | $2.93M |
| Common Stock | $15.65K | $15.65K | $15.65K | $15.65K | $15.65K | $15.65K |
| Retained Earnings | $-10.28M | $-9.55M | $-8.55M | $-6.09M | $-4.98M | $-4.59M |
| Total Stockholders Equity | $297.32K | $1.05M | $2.12M | $4.44M | $5.58M | $6.35M |
| Total Liabilities & Equity | $4.60M | $5.15M | $6.25M | $7.37M | $8.58M | $9.39M |
| 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) |
|---|---|---|---|---|---|---|
| Net Income | $-729.48K | $-999.53K | $-2.46M | $-1.11M | $-386.82K | $-88.82K |
| Depreciation & Amortization | $116.41K | $58.56K | $60.06K | $183.81K | $124.68K | $64.29K |
| Change in Receivables | $222.30K | $104.83K | $-106.08K | $274.18K | $896.40K | $546.35K |
| Change in Inventory | $2.75K | $-6.93K | $-27.72K | $-85.14K | $-68.72K | $-64.78K |
| Operating Cash Flow | $-274.81K | $-290.17K | $93.73K | $-272.94K | $-85.82K | $-174.91K |
| Capital Expenditure | - | - | $93.00 | $4.79K | $4.79K | - |
| Investing Cash Flow | - | - | $609.00 | $-5.49K | $-5.49K | $-702.00 |
| Financing Cash Flow | $-130.00 | $19.34K | $75.27K | $161.34K | $42.80K | $31.02K |
| Net Change in Cash | $-280.85K | $-271.47K | $274.98K | $-152.41K | $-89.73K | $-145.50K |
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.