| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$280.1K | -$520.0K | -$651.3K | 46.1% | 57.0% |
| EPS (Diluted) | $-0.04 | $-0.01 | $-0.01 | -241.5% | -526.9% |
| Free Cash Flow | -$831.1K | -$49.7K | -$13.3K | -1573.7% | -6163.8% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $212.4K |
| Selling & Marketing | $0 |
| General & Administrative | $67.7K |
| SG&A Expenses | $67.7K |
| Other Expenses | $0 |
| Operating Expenses | $280.1K |
| Cost & Expenses | $280.1K |
| OPERATING INCOME | -$280.1K |
| Interest Income | $15.4K |
| Interest Expense | $0 |
| Other Income/Expenses | -$299.4K |
| INCOME BEFORE TAX | -$579.5K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$579.5K |
| Net Income from Discontinued Ops | -$328.4K |
| Other Adjustments | $0 |
| NET INCOME | -$907.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$907.9K |
| D&A | -$56.8K |
| EBIT | -$280.1K |
| EBITDA | -$280.1K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$907.9K |
| Depreciation & Amortization | $99.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$33.0K |
| OPERATING CASH FLOW | -$841.8K |
| Capital Expenditure | $10.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $10.7K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $408.8K |
| NET CASH FROM FINANCING | $408.3K |
| FREE CASH FLOW | -$831.1K |
| Net Change in Cash | $10.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $7.8K |
| Inventory | -$7.8K |
| Other Current Assets | $255.9K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $642.3K |
| Goodwill | $0 |
| Intangible Assets | $50.5K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $672.5K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $5M |
| Account Payables | $617.9K |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $56.3K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $16M |
| Retained Earnings | -$17M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $619.0K |
| Minority Interest | $0 |
| TOTAL EQUITY | $619.0K |
| TOTAL LIABILITIES & EQUITY | $5M |
| Total Debt | $2M |
| Net Debt | -$747.2K |
