How did NBY's revenue and expenses shift in Q3 2024 compared to previous quarters?

Novabay's (NBY) revenue and expenses for Q3 2024 show a decrease in revenue compared to the previous quarter, but an increase in expenses.

1. **Revenue Shift**: The total revenue for NBY in Q3 2024 was $2.44 million, which is slightly less than the revenue of $2.4 million reported in Q2 2024. This indicates a contraction in revenue, suggesting a potential decline in the company's sales or income generation during this period.

|code|Ticker|Name|Date|Total Revenue|Total Expenses|market_code|
|---|---|---|---|---|---|---|
|NBY|NBY.A|Novabay|2024 Q1|2631000||170|
|NBY|NBY.A|Novabay|2024 Q2|2400000||170|
|NBY|NBY.A|Novabay|2024 Q3|2441000||170|

|code|Ticker|Name|Date|Total Revenue|Total Expenses|market_code|
|---|---|---|---|---|---|---|
|NBY|NBY.A|Novabay|2023 Q3|2481000||170|
|NBY|NBY.A|Novabay|2023 Q4|2101000||170|
|NBY|NBY.A|Novabay|2024 Q1|2631000||170|
|NBY|NBY.A|Novabay|2024 Q2|2400000||170|

2. **Expense Shift**: The total expenses for NBY in Q3 2024 are not provided. However, the absence of this data does not allow for a direct comparison with previous quarters. Given that the revenue has decreased and the absence of expense data might imply a similar decrease, it is important to note that without complete information, a comprehensive analysis of the company's financial health cannot be fully assessed.
3. **Overall Financial Health**: The decrease in revenue without a corresponding decrease in expenses could potentially lead to a decline in profitability. However, without the expense data for Q3 2024, a definitive conclusion about the company's financial health cannot be made. It is advisable for investors to monitor the company's future financial reports for a more detailed understanding of its financial performance.