| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $10M | $8M | 1.3% | 16.4% |
| Op. Income | $242.0K | -$940.0K | -$497.0K | 125.7% | 148.7% |
| Gross Margin | 77.3% | 79.5% | 79.2% | -2.2pp | -1.9pp |
| Net Margin | -0.0% | -15.1% | -8.7% | 15.1pp | 8.7pp |
| EPS (Diluted) | $-0.00 | $-0.12 | $-0.06 | 99.8% | 99.7% |
| Free Cash Flow | $1M | -$47.0K | $392.0K | 2691.5% | 210.7% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $8M |
| R&D Expenses | $1M |
| Selling & Marketing | $4M |
| General & Administrative | $4M |
| SG&A Expenses | $8M |
| Other Expenses | -$1M |
| Operating Expenses | $7M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $242.0K |
| Interest Income | $0 |
| Interest Expense | $244.0K |
| Other Income/Expenses | -$244.0K |
| INCOME BEFORE TAX | -$2.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2.0K |
| D&A | $938.0K |
| EBIT | $242.0K |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2.0K |
| Depreciation & Amortization | $921.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$56.0K |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | $3.0K |
| Acquisitions (Net) | $311.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$374.0K |
| NET CASH FROM FINANCING | -$730.0K |
| FREE CASH FLOW | $1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $0 |
| Other Current Assets | $864.0K |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $425.0K |
| Goodwill | $7M |
| Intangible Assets | $12M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $96.0K |
| TOTAL NON-CURRENT ASSETS | $19M |
| TOTAL ASSETS | $34M |
| Account Payables | $0 |
| Short-Term Debt | $168.0K |
| Deferred Revenue | $8M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $13M |
| Deferred Revenue NC | $7.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $263.0K |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $27M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $106M |
| Retained Earnings | -$99M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $34M |
| Total Debt | $13M |
| Net Debt | $6M |
