| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.3K | $31.9K | — | -58.5% | — |
| Op. Income | -$7M | -$5M | — | -34.7% | — |
| Gross Margin | -11334.2% | -483.5% | — | -10850.6pp | — |
| Net Margin | -65375.1% | -20837.4% | — | -44537.7pp | — |
| EPS (Diluted) | $-0.10 | $-0.08 | — | -20.9% | — |
| Free Cash Flow | $0 | $0 | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $13.3K |
| Cost of Revenue | $2M |
| GROSS PROFIT | -$2M |
| R&D Expenses | $330.8K |
| Selling & Marketing | $0 |
| General & Administrative | $2.5B |
| SG&A Expenses | $2.5B |
| Other Expenses | -$2.5B |
| Operating Expenses | $5M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$7M |
| Interest Income | $7.3K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $1M |
| EBIT | -$7M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $858.8K |
| Change in Working Capital | -$895.9K |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | $7M |
| Acquisitions (Net) | $145.3K |
| Purchases of Investments | -$149M |
| Sales/Maturities of Investments | $341.2K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$149M |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $1M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $37M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $152M |
| TOTAL NON-CURRENT ASSETS | $191M |
| TOTAL ASSETS | $200M |
| Account Payables | $6M |
| Short-Term Debt | $46M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $117.5K |
| TOTAL CURRENT LIABILITIES | $82M |
| Long-Term Debt | $156M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $210M |
| TOTAL LIABILITIES | $293M |
| Common Stock | $8.3K |
| Additional Paid-In Capital | $191M |
| Retained Earnings | -$282M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$91M |
| Minority Interest | -$2M |
| TOTAL EQUITY | -$92M |
| TOTAL LIABILITIES & EQUITY | $200M |
| Total Debt | $240M |
| Net Debt | $238M |
