| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $299.0K | $43.0K | — | 595.3% | — |
| Op. Income | -$2M | -$2M | — | 20.9% | — |
| Gross Margin | 91.6% | 100.0% | — | -8.4pp | — |
| Net Margin | -613.0% | -30069.8% | — | 29456.7pp | — |
| EPS (Diluted) | $-0.14 | $-1.74 | — | 92.0% | — |
| Free Cash Flow | -$2M | -$3M | — | 4.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $299.0K |
| Cost of Revenue | $25.0K |
| GROSS PROFIT | $274.0K |
| R&D Expenses | $336.0K |
| Selling & Marketing | $199.0K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $30.0K |
| Interest Expense | $15.0K |
| Other Income/Expenses | -$195.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $4.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $43.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $43.0K |
| Stock-Based Compensation | $77.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $294.0K |
| Change in Working Capital | -$971.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$12.0K |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $197.0K |
| Inventory | $133.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $135.0K |
| Goodwill | $5M |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $15M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $283.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $43.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $43.0K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $118M |
| Retained Earnings | -$106M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12M |
| Minority Interest | $0 |
| TOTAL EQUITY | $12M |
| TOTAL LIABILITIES & EQUITY | $15M |
| Total Debt | $0 |
| Net Debt | -$6M |
