| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $747.7K | — | $135.1K | — | 453.4% |
| Op. Income | -$594.9K | — | -$769.3K | — | 22.7% |
| Gross Margin | 2.7% | — | 75.4% | — | -72.7pp |
| Net Margin | -79.3% | — | -592.9% | — | 513.6pp |
| EPS (Diluted) | $-0.01 | — | $-0.03 | — | 71.0% |
| Free Cash Flow | -$569.2K | — | $97.7K | — | -682.5% |
| Item | Amount |
|---|---|
| REVENUE | $747.7K |
| Cost of Revenue | $727.3K |
| GROSS PROFIT | $20.5K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $615.4K |
| Operating Expenses | $615.4K |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$594.9K |
| Interest Income | $21.1K |
| Interest Expense | $0 |
| Other Income/Expenses | $1.8K |
| INCOME BEFORE TAX | -$593.1K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$593.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$592.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$592.9K |
| D&A | $56.6K |
| EBIT | -$593.1K |
| EBITDA | -$536.5K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$592.9K |
| Depreciation & Amortization | $56.6K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5.2K |
| Change in Working Capital | -$37.8K |
| OPERATING CASH FLOW | -$568.8K |
| Capital Expenditure | -$380 |
| Acquisitions (Net) | $97.3K |
| Purchases of Investments | -$17.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $79.9K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$569.2K |
| Net Change in Cash | $635.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $6M |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $28M |
| PP&E (Net) | $2M |
| Goodwill | $343M |
| Intangible Assets | $71.0K |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $355M |
| TOTAL ASSETS | $383M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $19.0K |
| Additional Paid-In Capital | $388M |
| Retained Earnings | -$19M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $17.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $369M |
| Minority Interest | $16.0K |
| TOTAL EQUITY | $369M |
| TOTAL LIABILITIES & EQUITY | $383M |
| Total Debt | $2M |
| Net Debt | -$7M |
