| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $13M | $21M | 2.5% | -37.2% |
| Op. Income | -$2M | $159.0K | $5M | -1051.6% | -127.7% |
| Gross Margin | 40.1% | 54.0% | 51.1% | -13.8pp | -11.0pp |
| Net Margin | -7.6% | 5.0% | 28.4% | -12.7pp | -36.1pp |
| EPS (Diluted) | $-0.03 | $0.02 | $0.20 | -255.6% | -117.0% |
| Free Cash Flow | -$6M | $2M | -$701.0K | -383.7% | -783.6% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $5M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$2M |
| Interest Income | $228.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $268.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$217.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $893.0K |
| EBIT | -$1M |
| EBITDA | -$352.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $893.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$234.0K |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$321.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$321.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$181.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $594.0K |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $44M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $89M |
| PP&E (Net) | $10M |
| Goodwill | $11M |
| Intangible Assets | $12M |
| Long-Term Investments | $2M |
| Tax Assets | $19M |
| Other Non-Current Assets | $476.0K |
| TOTAL NON-CURRENT ASSETS | $54M |
| TOTAL ASSETS | $142M |
| Account Payables | $5M |
| Short-Term Debt | $858.0K |
| Deferred Revenue | $102.0K |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $52.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $19M |
| Common Stock | $297.0K |
| Additional Paid-In Capital | $143M |
| Retained Earnings | -$20M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$191.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $123M |
| Minority Interest | $0 |
| TOTAL EQUITY | $123M |
| TOTAL LIABILITIES & EQUITY | $142M |
| Total Debt | $6M |
| Net Debt | -$27M |
