| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $390.0K | — | $384.5K | — | 1.4% |
| Op. Income | -$734.6K | — | -$734.1K | — | -0.1% |
| Gross Margin | 45.4% | — | 46.0% | — | -0.6pp |
| Net Margin | -184.6% | — | -83.2% | — | -101.4pp |
| EPS (Diluted) | $-0.05 | — | $-0.04 | — | -9.1% |
| Free Cash Flow | -$655.6K | — | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $390.0K |
| Cost of Revenue | $213.1K |
| GROSS PROFIT | $176.9K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $911.5K |
| Other Expenses | $0 |
| Operating Expenses | $911.5K |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$734.6K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $14.5K |
| INCOME BEFORE TAX | -$720.1K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$720.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$720.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$720.1K |
| D&A | $975 |
| EBIT | -$734.6K |
| EBITDA | -$733.6K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$720.1K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $64.5K |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$655.6K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $238.1K |
| NET CASH FROM FINANCING | $238.1K |
| FREE CASH FLOW | -$655.6K |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $13.7K |
| Net Receivables | $204.9K |
| Inventory | $0 |
| Other Current Assets | $88.0K |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $175.6K |
| Goodwill | $1M |
| Intangible Assets | $490.0K |
| Long-Term Investments | $745 |
| Tax Assets | $0 |
| Other Non-Current Assets | $22.9K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $7M |
| Account Payables | $0 |
| Short-Term Debt | $402.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $608.2K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $92.8K |
| TOTAL LIABILITIES | $1M |
| Common Stock | $7M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$2M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $7M |
| Total Debt | $573.5K |
| Net Debt | -$4M |
