| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | — | $0 | — | — |
| Op. Income | -$16M | — | -$9M | — | -71.7% |
| EPS (Diluted) | $-0.36 | — | $-0.24 | — | -50.0% |
| Free Cash Flow | -$11M | — | -$7M | — | -66.7% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $300.3K |
| GROSS PROFIT | -$300.3K |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$16M |
| Interest Income | $1M |
| Interest Expense | $319.2K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | $459 |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $300.3K |
| EBIT | -$13M |
| EBITDA | -$13M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $300.3K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $540.5K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$2.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$40M |
| Sales/Maturities of Investments | $40M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $242.2K |
| Net Debt Issuance | -$12M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $63M |
| Short-Term Investments | $0 |
| Net Receivables | $2.4K |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $65M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $37.4K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $67M |
| Account Payables | $4M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $88.7K |
| TOTAL LIABILITIES | $29M |
| Common Stock | $5.9K |
| Additional Paid-In Capital | $364M |
| Retained Earnings | -$325M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $38M |
| Minority Interest | $0 |
| TOTAL EQUITY | $38M |
| TOTAL LIABILITIES & EQUITY | $67M |
| Total Debt | $7M |
| Net Debt | -$56M |
