| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | — | $8M | — | 161.4% |
| Op. Income | -$6M | — | -$16M | — | 62.6% |
| Gross Margin | 3.3% | — | -55.6% | — | 58.9pp |
| Net Margin | -33.3% | — | -158.7% | — | 125.4pp |
| EPS (Diluted) | $-3.94 | — | $-0.58 | — | -585.1% |
| Free Cash Flow | -$2M | — | $13M | — | -118.3% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $694.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $185.6K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$6M |
| Interest Income | $152.2K |
| Interest Expense | $0 |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | $232.4K |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $4M |
| EBIT | -$7M |
| EBITDA | -$3M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $13.5K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $633.7K |
| NET CASH FROM INVESTING | $647.2K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$16.7K |
| NET CASH FROM FINANCING | -$16.7K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $555.9K |
| Short-Term Investments | $0 |
| Net Receivables | $19M |
| Inventory | $7M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $32M |
| PP&E (Net) | $25M |
| Goodwill | $8M |
| Intangible Assets | $12M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $45M |
| TOTAL ASSETS | $77M |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $17M |
| Common Stock | $6M |
| Additional Paid-In Capital | $42M |
| Retained Earnings | $12M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $62.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $59M |
| Minority Interest | $101 |
| TOTAL EQUITY | $59M |
| TOTAL LIABILITIES & EQUITY | $77M |
| Total Debt | $19.1K |
| Net Debt | -$536.8K |
