| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29M | $26M | $20M | 8.8% | 40.6% |
| Op. Income | $3M | $2M | $2M | 96.1% | 73.9% |
| Gross Margin | 61.6% | 60.8% | 62.0% | 0.8pp | -0.3pp |
| Net Margin | 8.5% | 6.3% | 10.2% | 2.2pp | -1.7pp |
| EPS (Diluted) | $0.10 | $0.07 | $0.09 | 44.9% | 14.3% |
| Free Cash Flow | -$6M | -$6M | $1M | 0.3% | -553.4% |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $14M |
| Operating Expenses | $14M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $3M |
| Interest Income | $116.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$1.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $898.0K |
| 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 | $559.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $14M |
| Operating Expenses | $14M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $3M |
| Interest Income | $116.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$1.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $898.0K |
| 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 | $559.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $559.0K |
| Stock-Based Compensation | $700.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$939.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$74.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $141.0K |
| NET CASH FROM FINANCING | $67.0K |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$668.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $6M |
| Net Receivables | $7M |
| Inventory | $32M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $56M |
| PP&E (Net) | $11M |
| Goodwill | $2M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $355.0K |
| TOTAL NON-CURRENT ASSETS | $22M |
| TOTAL ASSETS | $77M |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $335.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $15.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $17M |
| Common Stock | $25.0K |
| Additional Paid-In Capital | $135M |
| Retained Earnings | -$53M |
| Treasury Stock | -$21M |
| Accum. Other Comp. Income | -$626.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $60M |
| Minority Interest | $0 |
| TOTAL EQUITY | $60M |
| TOTAL LIABILITIES & EQUITY | $77M |
| Total Debt | $3M |
| Net Debt | -$4M |
