| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $941.0K | $721.0K | $3M | 30.5% | -72.6% |
| Op. Income | -$2M | -$2M | $66.0K | 2.2% | -2786.4% |
| Gross Margin | 32.4% | 34.8% | 56.6% | -2.4pp | -24.2pp |
| Net Margin | -202.0% | -258.0% | -2.3% | 56.0pp | -199.7pp |
| EPS (Diluted) | $-2.10 | $-2.20 | $-0.18 | 4.5% | -1066.7% |
| Free Cash Flow | -$1M | -$2M | -$2M | 51.7% | 51.0% |
| Item | Amount |
|---|---|
| REVENUE | $941.0K |
| Cost of Revenue | $636.0K |
| GROSS PROFIT | $305.0K |
| R&D Expenses | $675.0K |
| Selling & Marketing | $700.0K |
| General & Administrative | $703.0K |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $22.0K |
| Other Income/Expenses | -$128.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| 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 | $6.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $6.0K |
| Stock-Based Compensation | $50.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $178.0K |
| Change in Working Capital | $623.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$5.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5.0K |
| Net Debt Issuance | $15.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$53.0K |
| NET CASH FROM FINANCING | $312.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$729.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $393.0K |
| Short-Term Investments | $0 |
| Net Receivables | $943.0K |
| Inventory | $3M |
| Other Current Assets | $973.0K |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $274.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $880.0K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $6M |
| Account Payables | $1M |
| Short-Term Debt | $541.0K |
| Deferred Revenue | $325.0K |
| Other Current Liabilities | $858.0K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $150.0K |
| Deferred Revenue NC | $74.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $267.0K |
| TOTAL NON-CURRENT LIABILITIES | $491.0K |
| TOTAL LIABILITIES | $5M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $49M |
| Retained Earnings | -$48M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $228.0K |
| TOTAL STOCKHOLDERS' EQUITY | $1M |
| Minority Interest | $0 |
| TOTAL EQUITY | $1M |
| TOTAL LIABILITIES & EQUITY | $6M |
| Total Debt | $920.0K |
| Net Debt | $527.0K |
