| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $78.0K | $46.0K | $68.0K | 69.6% | 14.7% |
| Op. Income | -$5M | -$5M | -$5M | 0.7% | -4.3% |
| Gross Margin | -200.0% | -391.3% | -260.3% | 191.3pp | 60.3pp |
| Net Margin | -7294.9% | -10865.2% | -5804.4% | 3570.3pp | -1490.5pp |
| EPS (Diluted) | $-0.32 | $-0.29 | $-0.27 | -10.3% | -18.5% |
| Free Cash Flow | -$4M | -$4M | -$5M | -19.6% | 17.9% |
| Item | Amount |
|---|---|
| REVENUE | $78.0K |
| Cost of Revenue | $234.0K |
| GROSS PROFIT | -$156.0K |
| R&D Expenses | $2M |
| Selling & Marketing | $361.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $624.0K |
| Other Income/Expenses | -$620.0K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $0 |
| 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 | -$7M |
| D&A | $85.0K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $85.0K |
| Stock-Based Compensation | $146.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $922.0K |
| Change in Working Capital | $77.0K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$1.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.0K |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$25.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $63.0K |
| Inventory | $2M |
| Other Current Assets | $576.0K |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $423.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $10M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $453.0K |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $28M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $32M |
| TOTAL LIABILITIES | $40M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $268M |
| Retained Earnings | -$298M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$119.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$30M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$30M |
| TOTAL LIABILITIES & EQUITY | $10M |
| Total Debt | $29M |
| Net Debt | $24M |
