| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $15M | $8M | -23.3% | 36.5% |
| Op. Income | $770.0K | $2M | $659.0K | -55.8% | 16.8% |
| Gross Margin | 22.8% | 23.9% | 26.0% | -1.1pp | -3.2pp |
| Net Margin | 6.6% | 9.0% | 5.9% | -2.4pp | 0.7pp |
| EPS (Diluted) | $0.12 | $0.22 | $0.09 | -45.5% | 39.9% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $3M |
| R&D Expenses | $45.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $770.0K |
| Interest Income | $696.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$4.0K |
| INCOME BEFORE TAX | $766.0K |
| Income Tax Expense | $1.0K |
| Net Income from Continuing Ops | $765.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $765.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $765.0K |
| D&A | $118.0K |
| EBIT | $766.0K |
| EBITDA | $884.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $3M |
| R&D Expenses | $45.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $770.0K |
| Interest Income | $696.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$4.0K |
| INCOME BEFORE TAX | $766.0K |
| Income Tax Expense | $1.0K |
| Net Income from Continuing Ops | $765.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $765.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $765.0K |
| D&A | $118.0K |
| EBIT | $766.0K |
| EBITDA | $884.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $765.0K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $10.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$775.0K |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $16M |
| Inventory | $7M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $29M |
| PP&E (Net) | $4M |
| Goodwill | $3M |
| Intangible Assets | $392.0K |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $146.0K |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $38M |
| Account Payables | $6M |
| Short-Term Debt | $501.0K |
| Deferred Revenue | $3M |
| Other Current Liabilities | $621.0K |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $971.0K |
| Deferred Revenue NC | $290.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $609.0K |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $87M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$63M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$243.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24M |
| Minority Interest | $0 |
| TOTAL EQUITY | $24M |
| TOTAL LIABILITIES & EQUITY | $38M |
| Total Debt | $2M |
| Net Debt | -$3M |
