| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $1M | 1.7% | 47.4% |
| Op. Income | -$13M | -$15M | $2M | 12.5% | -681.2% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -823.1% | -1018.0% | 197.1% | 194.9pp | -1020.1pp |
| EPS (Diluted) | $-0.69 | $-0.84 | $0.11 | 17.9% | -727.3% |
| Free Cash Flow | -$3M | -$8M | $5M | 65.4% | -150.5% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $2M |
| R&D Expenses | $2M |
| Selling & Marketing | $1M |
| General & Administrative | $11M |
| SG&A Expenses | $13M |
| Other Expenses | $151.0K |
| Operating Expenses | $15M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$13M |
| Interest Income | $585.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $594.0K |
| INCOME BEFORE TAX | -$13M |
| Income Tax Expense | $230.0K |
| Net Income from Continuing Ops | -$13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$13M |
| D&A | $151.0K |
| EBIT | -$13M |
| EBITDA | -$13M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$13M |
| Depreciation & Amortization | $151.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $332.0K |
| Other Non-Cash Items | $398.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$41.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$705.0K |
| NET CASH FROM FINANCING | -$362.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $57M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $222M |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $260M |
| TOTAL ASSETS | $317M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $126M |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $162M |
| TOTAL LIABILITIES | $178M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $542M |
| Retained Earnings | -$402M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $139M |
| Minority Interest | $0 |
| TOTAL EQUITY | $139M |
| TOTAL LIABILITIES & EQUITY | $317M |
| Total Debt | $6M |
| Net Debt | -$37M |
