How did SYBX's revenue and expenses shift in Q2 2024?

Synlogic, Inc. (Nasdaq: SYBX) experienced a significant shift in its revenue and expenses in Q2 2024 compared to the previous quarter and year.

1. **Revenue Shift**:
- SYBX reported no revenue for Q2 2024, which is a stark contrast to the $35,000 reported in Q2 2023.
- The absence of revenue is a critical point, indicating a period of no product or service generation from the company, which could be due to various factors including market conditions, product development stages, or business strategy shifts.

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|SYBX|SYBX.O|Synlogic|2023 Q3|-42.0353982300885|393000|186|
|SYBX|SYBX.O|Synlogic|2023 Q4|2512.264150943396|2769000|186|
|SYBX|SYBX.O|Synlogic|2024 Q1|-95.40229885057471|8000|186|

2. **Expense Shift**:
- Research and Development (R&D) expenses decreased to $2.2 million in Q2 2024, down from $11.8 million year-over-year.
- General and Administrative (G&A) expenses were reduced to $1.2 million from $3.9 million year-over-year.
- These reductions in R&D and G&A expenses contributed to a net income of $2.0 million ($0.16 per share), a significant improvement from the net loss of $15.0 million in Q2 2023.

|code|Ticker|Name|Date|R&D Expenses|R&D Expenses YoY|market_code|
|---|---|---|---|---|---|---|
|SYBX|SYBX.O|Synlogic|2024 Q1|7680000|-38.31325301204819|186|
|SYBX|SYBX.O|Synlogic|2024 Q2|2197000|-81.32596685082873|186|

The company's strategic shifts, including potential acquisitions or mergers, might have influenced these figures, as evidenced by the exploration of various options to maximize shareholder value. The financial adjustments allow Synlogic to report a profit despite the lack of revenue, highlighting the effectiveness of cost management during this period.