| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $1M | $2M | 15.0% | -16.1% |
| Op. Income | -$1M | -$1M | -$135.4K | -13.3% | -935.8% |
| Gross Margin | 38.6% | 42.5% | 48.5% | -3.9pp | -9.8pp |
| Net Margin | -83.9% | -85.6% | -5.8% | 1.7pp | -78.1pp |
| EPS (Diluted) | $-0.31 | $-0.47 | $-0.02 | 34.0% | -1926.1% |
| Free Cash Flow | -$995.8K | -$2M | $292.5K | 36.8% | -440.5% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $643.9K |
| R&D Expenses | $0 |
| Selling & Marketing | $148.6K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$1M |
| Interest Income | $2.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $2.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$3.1K |
| 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 | $38.5K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $38.5K |
| Stock-Based Compensation | $419.1K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9.5K |
| Change in Working Capital | $371.0K |
| OPERATING CASH FLOW | -$563.3K |
| Capital Expenditure | -$432.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$432.5K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$995.8K |
| Net Change in Cash | -$995.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $614.2K |
| Inventory | $197.5K |
| Other Current Assets | $478.9K |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $9M |
| Account Payables | $430.9K |
| Short-Term Debt | $0 |
| Deferred Revenue | $2.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $3M |
| Common Stock | $4.5K |
| Additional Paid-In Capital | $11M |
| Retained Earnings | -$5M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $9M |
| Total Debt | $2M |
| Net Debt | -$2M |
