| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | — | $10M | — | -21.9% |
| Op. Income | $284.1K | — | $84.5K | — | 236.1% |
| Gross Margin | 24.0% | — | 29.1% | — | -5.2pp |
| Net Margin | 2.1% | — | -0.1% | — | 2.2pp |
| EPS (Diluted) | $0.50 | — | $-0.01 | — | 6197.6% |
| Free Cash Flow | -$4M | — | -$2M | — | -127.9% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $2M |
| R&D Expenses | $96.5K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $284.1K |
| Interest Income | $116 |
| Interest Expense | $164.6K |
| Other Income/Expenses | $29.1K |
| INCOME BEFORE TAX | $313.2K |
| Income Tax Expense | $177.3K |
| Net Income from Continuing Ops | $135.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $169.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $169.2K |
| D&A | $724.9K |
| EBIT | $477.7K |
| EBITDA | $1M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $2M |
| R&D Expenses | $96.5K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $284.1K |
| Interest Income | $116 |
| Interest Expense | $164.6K |
| Other Income/Expenses | $29.1K |
| INCOME BEFORE TAX | $313.2K |
| Income Tax Expense | $177.3K |
| Net Income from Continuing Ops | $135.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $169.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $169.2K |
| D&A | $724.9K |
| EBIT | $477.7K |
| EBITDA | $1M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $169.2K |
| Depreciation & Amortization | $724.9K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $182.9K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$3 |
| Acquisitions (Net) | $4.4K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $4.4K |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $15M |
| Inventory | $13M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $42M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $742.9K |
| Long-Term Investments | $14M |
| Tax Assets | $1.3K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $29M |
| TOTAL ASSETS | $72M |
| Account Payables | $2M |
| Short-Term Debt | $8M |
| Deferred Revenue | $256.9K |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $275.6K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $275.6K |
| TOTAL LIABILITIES | $18M |
| Common Stock | $93.9K |
| Additional Paid-In Capital | $36M |
| Retained Earnings | $19M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $54M |
| Minority Interest | $383.4K |
| TOTAL EQUITY | $54M |
| TOTAL LIABILITIES & EQUITY | $72M |
| Total Debt | $9M |
| Net Debt | -$133.1K |
