| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | — | $8M | — | 15.2% |
| Op. Income | -$1M | — | -$560.1K | — | -112.5% |
| Gross Margin | 44.5% | — | 41.5% | — | 3.0pp |
| Net Margin | -12.1% | — | 0.3% | — | -12.4pp |
| EPS (Diluted) | $-2.86 | — | $0.00 | — | -286100.0% |
| Free Cash Flow | -$700.7K | — | $771.9K | — | -190.8% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $2M |
| SG&A Expenses | $5M |
| Other Expenses | -$3.8K |
| Operating Expenses | $5M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$1M |
| Interest Income | $99.0K |
| Interest Expense | $21.6K |
| Other Income/Expenses | $204.2K |
| INCOME BEFORE TAX | -$986.4K |
| Income Tax Expense | $62.4K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $393.0K |
| EBIT | -$1M |
| EBITDA | -$801.3K |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$390.3K |
| Capital Expenditure | -$310.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $638.3K |
| NET CASH FROM INVESTING | $328.0K |
| Net Debt Issuance | $912.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$452.3K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$700.7K |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $712.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $27M |
| PP&E (Net) | $17M |
| Goodwill | $0 |
| Intangible Assets | $244.4K |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $957.0K |
| TOTAL NON-CURRENT ASSETS | $24M |
| TOTAL ASSETS | $52M |
| Account Payables | $2M |
| Short-Term Debt | $725.5K |
| Deferred Revenue | $7M |
| Other Current Liabilities | $929.8K |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $27M |
| Common Stock | $51.5K |
| Additional Paid-In Capital | $25M |
| Retained Earnings | -$657.5K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $539.6K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25M |
| Minority Interest | $0 |
| TOTAL EQUITY | $25M |
| TOTAL LIABILITIES & EQUITY | $52M |
| Total Debt | $16M |
| Net Debt | -$6M |
