| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $21M | $21M | 3.0% | 4.3% |
| Op. Income | -$352.0K | $2M | -$484.0K | -114.8% | 27.3% |
| Gross Margin | 52.1% | 66.9% | 61.4% | -14.8pp | -9.2pp |
| Net Margin | -1.3% | 9.0% | -1.8% | -10.3pp | 0.5pp |
| EPS (Diluted) | $-0.02 | $0.12 | $-0.02 | -114.3% | 22.3% |
| Free Cash Flow | -$203.0K | $599.0K | $1M | -133.9% | -117.2% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $11M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $903.0K |
| SG&A Expenses | $903.0K |
| Other Expenses | $11M |
| Operating Expenses | $12M |
| Cost & Expenses | $22M |
| OPERATING INCOME | -$352.0K |
| Interest Income | $18M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$352.0K |
| Income Tax Expense | -$70.0K |
| Net Income from Continuing Ops | -$282.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$282.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$282.0K |
| D&A | $534.0K |
| EBIT | -$352.0K |
| EBITDA | $182.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$282.0K |
| Depreciation & Amortization | $534.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $67.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$62.0K |
| Capital Expenditure | -$141.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$12M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$495.0K |
| Other Financing Activities | $28M |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | -$203.0K |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $46M |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $77M |
| PP&E (Net) | $17M |
| Goodwill | $14M |
| Intangible Assets | $66.0K |
| Long-Term Investments | $1.2B |
| Tax Assets | $370.0K |
| Other Non-Current Assets | $94M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.4B |
| Account Payables | $0 |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $76M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $91M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $268.0K |
| Additional Paid-In Capital | $146M |
| Retained Earnings | $61M |
| Treasury Stock | -$85M |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $111M |
| Minority Interest | $0 |
| TOTAL EQUITY | $111M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $82M |
| Net Debt | $57M |
