| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $1M | 3.3% | 142.1% |
| Op. Income | -$1M | -$682.5K | -$826.4K | -97.2% | -62.9% |
| Gross Margin | 18.4% | 17.3% | 10.9% | 1.1pp | 7.5pp |
| Net Margin | -48.6% | -28.8% | -69.2% | -19.8pp | 20.6pp |
| EPS (Diluted) | $-0.17 | $-0.16 | $-0.22 | -6.3% | 22.7% |
| Free Cash Flow | -$2M | -$2M | -$1M | 7.6% | -54.3% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $606.5K |
| R&D Expenses | $0 |
| Selling & Marketing | $250.6K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $157.8K |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$1M |
| Interest Income | $6.6K |
| Interest Expense | $263.7K |
| Other Income/Expenses | -$257.1K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $153.2K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $153.2K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $200.8K |
| Change in Working Capital | -$766.6K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$113.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$113.5K |
| Net Debt Issuance | -$771.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $363.4K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $641.1K |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $360.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $13M |
| Account Payables | $2M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $529.5K |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $10M |
| Common Stock | $10.7K |
| Additional Paid-In Capital | $24M |
| Retained Earnings | -$20M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $20.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $13M |
| Total Debt | $7M |
| Net Debt | $7M |
