| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | — | $11M | — | 49.0% |
| Op. Income | -$465.7K | — | $1M | — | -141.8% |
| Gross Margin | 40.9% | — | 38.2% | — | 2.8pp |
| Net Margin | 4.0% | — | 10.1% | — | -6.1pp |
| EPS (Diluted) | $0.03 | — | $0.05 | — | -39.8% |
| Free Cash Flow | $0 | — | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $6M |
| SG&A Expenses | $7M |
| Other Expenses | $434.4K |
| Operating Expenses | $7M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$465.7K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $935.9K |
| Income Tax Expense | $261.4K |
| Net Income from Continuing Ops | $674.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $674.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $674.6K |
| D&A | $0 |
| EBIT | -$465.7K |
| EBITDA | -$465.7K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $674.6K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$674.6K |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | $41M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $6M |
| Tax Assets | $559.4K |
| Other Non-Current Assets | $171M |
| TOTAL NON-CURRENT ASSETS | $177M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $0 |
| Short-Term Debt | $578M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $121M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $160M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $101M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $101M |
| Minority Interest | $0 |
| TOTAL EQUITY | $101M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $700M |
| Net Debt | $666M |
