| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $99M | $99M | $124M | 0.0% | -20.8% |
| Op. Income | -$2M | -$2M | -$4M | 0.0% | 46.6% |
| Gross Margin | 4.9% | 4.9% | 3.6% | 0.0pp | 1.3pp |
| Net Margin | -1.9% | -1.9% | -2.8% | 0.0pp | 0.9pp |
| EPS (Diluted) | $-0.02 | $-0.02 | $-0.05 | 0.0% | 48.4% |
| Free Cash Flow | -$634.5K | -$634.5K | $0 | 0.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $99M |
| Cost of Revenue | $94M |
| GROSS PROFIT | $5M |
| R&D Expenses | $1M |
| Selling & Marketing | $3M |
| General & Administrative | $3M |
| SG&A Expenses | $5M |
| Other Expenses | $39.9K |
| Operating Expenses | $7M |
| Cost & Expenses | $101M |
| OPERATING INCOME | -$2M |
| Interest Income | $33.3K |
| Interest Expense | $0 |
| Other Income/Expenses | $91.5K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$14.2K |
| 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 | $96.4K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $292.8K |
| Stock-Based Compensation | $952.7K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$631.6K |
| Capital Expenditure | -$2.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$634.5K |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $3M |
| Net Receivables | $138M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $169M |
| PP&E (Net) | $1M |
| Goodwill | $12M |
| Intangible Assets | $716.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $19M |
| TOTAL ASSETS | $188M |
| Account Payables | $100M |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $129M |
| Long-Term Debt | $8M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $667.3K |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $138M |
| Common Stock | $877 |
| Additional Paid-In Capital | $371M |
| Retained Earnings | -$322M |
| Treasury Stock | -$149.8K |
| Accum. Other Comp. Income | $632.8K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $50M |
| Minority Interest | $0 |
| TOTAL EQUITY | $50M |
| TOTAL LIABILITIES & EQUITY | $188M |
| Total Debt | $19M |
| Net Debt | -$2M |
