| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $83M | — | $72M | — | 15.3% |
| Op. Income | -$694.9K | — | -$1M | — | 48.7% |
| Gross Margin | 23.1% | — | 21.9% | — | 1.2pp |
| Net Margin | -0.5% | — | -2.1% | — | 1.6pp |
| EPS (Diluted) | $-0.01 | — | $-0.06 | — | 75.8% |
| Free Cash Flow | $0 | — | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $83M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $19M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $83M |
| OPERATING INCOME | -$694.9K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $450.8K |
| Income Tax Expense | $267.8K |
| Net Income from Continuing Ops | $183.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$389.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$389.9K |
| D&A | $626.2K |
| EBIT | $373.3K |
| EBITDA | $999.5K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$389.9K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $389.9K |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $2M |
| Net Receivables | $45M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $87M |
| PP&E (Net) | $24M |
| Goodwill | $1M |
| Intangible Assets | $2M |
| Long-Term Investments | $692.4K |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $33M |
| TOTAL ASSETS | $119M |
| Account Payables | $2M |
| Short-Term Debt | $28M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $50M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $354.6K |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $57M |
| Common Stock | $2.8K |
| Additional Paid-In Capital | $60M |
| Retained Earnings | $5M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $61M |
| Minority Interest | $2M |
| TOTAL EQUITY | $63M |
| TOTAL LIABILITIES & EQUITY | $119M |
| Total Debt | $32M |
| Net Debt | -$4M |
