| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $2M | $2M | 5.8% | 14.5% |
| Op. Income | -$611.3K | -$618.4K | $259.2K | 1.2% | -335.9% |
| Gross Margin | 16.3% | 16.1% | 14.6% | 0.2pp | 1.7pp |
| Net Margin | -27.3% | -29.2% | 10.1% | 1.9pp | -37.3pp |
| EPS (Diluted) | $-0.34 | $-0.35 | $0.11 | 2.9% | -409.1% |
| Free Cash Flow | -$759.4K | -$833.1K | -$674.1K | 8.9% | -12.6% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $368.0K |
| R&D Expenses | $12.6K |
| Selling & Marketing | $608.4K |
| General & Administrative | $516.8K |
| SG&A Expenses | $1M |
| Other Expenses | -$158.5K |
| Operating Expenses | $979.3K |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$611.3K |
| Interest Income | $29.8K |
| Interest Expense | $4.9K |
| Other Income/Expenses | -$4.9K |
| INCOME BEFORE TAX | -$616.2K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$616.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$616.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$616.2K |
| D&A | $41.7K |
| EBIT | -$611.3K |
| EBITDA | -$569.6K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$616.2K |
| Depreciation & Amortization | $41.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$51.1K |
| Change in Working Capital | -$112.3K |
| OPERATING CASH FLOW | -$737.9K |
| Capital Expenditure | -$21.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15.7K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $8.6K |
| NET CASH FROM INVESTING | -$28.5K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.0K |
| NET CASH FROM FINANCING | -$1.0K |
| FREE CASH FLOW | -$759.4K |
| Net Change in Cash | -$552.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $814.2K |
| Short-Term Investments | $2M |
| Net Receivables | $2M |
| Inventory | $1M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $9M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $11.3K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $141.3K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $17M |
| Additional Paid-In Capital | -$5M |
| Retained Earnings | -$5M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$115.8K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8M |
| Minority Interest | $0 |
| TOTAL EQUITY | $8M |
| TOTAL LIABILITIES & EQUITY | $9M |
| Total Debt | $197.2K |
| Net Debt | -$617.0K |
