| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | — | $13M | — | -3.0% |
| Op. Income | -$5M | — | -$861.0K | — | -528.3% |
| Gross Margin | 48.5% | — | 50.8% | — | -2.3pp |
| Net Margin | -45.2% | — | -10.1% | — | -35.1pp |
| EPS (Diluted) | $-0.31 | — | $-0.09 | — | -254.3% |
| Free Cash Flow | -$8M | — | -$1M | — | -650.9% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $18M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $147.0K |
| Other Income/Expenses | -$115.0K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $20.0K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $1M |
| EBIT | -$5M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $204.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$841.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$841.0K |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$464.0K |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | $351.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $23M |
| PP&E (Net) | $4M |
| Goodwill | $7M |
| Intangible Assets | $18M |
| Long-Term Investments | $206.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $39M |
| TOTAL ASSETS | $62M |
| Account Payables | $12M |
| Short-Term Debt | $7M |
| Deferred Revenue | $49.0K |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $260.0K |
| TOTAL LIABILITIES | $25M |
| Common Stock | $197.0K |
| Additional Paid-In Capital | $558M |
| Retained Earnings | -$510M |
| Treasury Stock | -$13M |
| Accum. Other Comp. Income | -$322.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $38M |
| Minority Interest | -$872.0K |
| TOTAL EQUITY | $37M |
| TOTAL LIABILITIES & EQUITY | $62M |
| Total Debt | $7M |
| Net Debt | $5M |
