| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $2.1B | — | 0.0% | — |
| Op. Income | -$655.0K | -$655.0K | — | 0.0% | — |
| Gross Margin | 2.0% | 2.0% | — | 0.0pp | — |
| Net Margin | 0.3% | 0.3% | — | 0.0pp | — |
| EPS (Diluted) | $0.01 | $0.01 | — | 0.0% | — |
| Free Cash Flow | -$6M | -$6M | — | 0.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $24M |
| General & Administrative | $17M |
| SG&A Expenses | $40M |
| Other Expenses | $2M |
| Operating Expenses | $43M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | -$655.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $633.5K |
| D&A | $870.5K |
| EBIT | $813.5K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $870.5K |
| Stock-Based Compensation | $899.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$32M |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.1B |
| NET CASH FROM FINANCING | $1.1B |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $56M |
| Short-Term Investments | $0 |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $3.1B |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $3.2B |
| Account Payables | $6M |
| Short-Term Debt | $69M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.8B |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $29M |
| Retained Earnings | $89M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $341M |
| Minority Interest | $2M |
| TOTAL EQUITY | $343M |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $74M |
| Net Debt | $18M |
