| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | — | -3.5% | — |
| Op. Income | -$5M | -$5M | — | 4.1% | — |
| Gross Margin | 83.0% | 74.8% | — | 8.2pp | — |
| Net Margin | -238.9% | -107.8% | — | -131.1pp | — |
| EPS (Diluted) | $-40.80 | $-1.50 | — | -2620.0% | — |
| Free Cash Flow | -$4M | -$5M | — | 18.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $554.5K |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $300.5K |
| Operating Expenses | $7M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $705.8K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | -$231.0K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $306.3K |
| EBIT | -$7M |
| EBITDA | -$7M |
| EPS | -$41 |
| EPS Diluted | -$41 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $306.3K |
| Stock-Based Compensation | $756.1K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $641.9K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | $4 |
| Acquisitions (Net) | -$2.7B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2.7B |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $923.0K |
| Inventory | $0 |
| Other Current Assets | $23.3K |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $71.8K |
| Goodwill | $22M |
| Intangible Assets | $9M |
| Long-Term Investments | $1.0K |
| Tax Assets | $140.6K |
| Other Non-Current Assets | $14.0K |
| TOTAL NON-CURRENT ASSETS | $31M |
| TOTAL ASSETS | $35M |
| Account Payables | $3M |
| Short-Term Debt | $16M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $30M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $115.7K |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $32M |
| Common Stock | $245 |
| Additional Paid-In Capital | $93M |
| Retained Earnings | -$90M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $35M |
| Total Debt | $16M |
| Net Debt | $14M |
