| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $602.2K | $1M | $648.5K | -54.7% | -7.1% |
| Op. Income | -$426.5K | $353.0K | -$94.8K | -220.8% | -350.0% |
| Gross Margin | 33.9% | 77.6% | 43.2% | -43.7pp | -9.3pp |
| Net Margin | -48.0% | 20.0% | -10.7% | -68.1pp | -37.4pp |
| EPS (Diluted) | $-0.02 | $0.02 | $-0.01 | -197.2% | -225.0% |
| Free Cash Flow | -$696.8K | -$96.1K | -$84.3K | -624.9% | -726.3% |
| Item | Amount |
|---|---|
| REVENUE | $602.2K |
| Cost of Revenue | $398.1K |
| GROSS PROFIT | $204.2K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $578.7K |
| SG&A Expenses | $578.7K |
| Other Expenses | $52.0K |
| Operating Expenses | $630.7K |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$426.5K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $83.7K |
| INCOME BEFORE TAX | -$342.8K |
| Income Tax Expense | -$53.5K |
| Net Income from Continuing Ops | -$289.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$289.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$289.3K |
| D&A | $52.0K |
| EBIT | -$342.8K |
| EBITDA | -$290.8K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$289.3K |
| Depreciation & Amortization | $52.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $60.0K |
| Change in Working Capital | -$78.9K |
| OPERATING CASH FLOW | -$256.2K |
| Capital Expenditure | -$440.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$440.6K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$696.8K |
| Net Change in Cash | -$696.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $24.0K |
| Inventory | $37.8K |
| Other Current Assets | $21.6K |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $132.1K |
| Other Non-Current Assets | $256.3K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $13M |
| Account Payables | $238.5K |
| Short-Term Debt | $0 |
| Deferred Revenue | $154.4K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $55.9K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $551.8K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $13.9K |
| Additional Paid-In Capital | $12M |
| Retained Earnings | -$1M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $0 |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $13M |
| Total Debt | $695.6K |
| Net Debt | -$7M |
