| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $163.6K | $257.9K | $3M | -36.6% | -95.2% |
| Op. Income | -$6M | -$8M | -$3M | 16.4% | -98.2% |
| Gross Margin | 95.8% | -1921.9% | -33.3% | 2017.7pp | 129.1pp |
| Net Margin | -3725.2% | -2833.4% | -84.4% | -891.8pp | -3640.7pp |
| EPS (Diluted) | $-0.36 | $-0.44 | $-0.19 | 18.2% | -89.5% |
| Free Cash Flow | -$6M | -$3M | -$5M | -104.1% | -26.5% |
| Item | Amount |
|---|---|
| REVENUE | $163.6K |
| Cost of Revenue | $6.8K |
| GROSS PROFIT | $156.8K |
| R&D Expenses | $3.7B |
| Selling & Marketing | $0 |
| General & Administrative | $2.9B |
| SG&A Expenses | $2.9B |
| Other Expenses | -$6.6B |
| Operating Expenses | $7M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $319.5K |
| 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 | -$6M |
| D&A | $6.8K |
| EBIT | -$6M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $6.8K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$720.9K |
| OPERATING CASH FLOW | -$6M |
| 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 | -$6M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $33M |
| PP&E (Net) | $24.9K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$1 |
| TOTAL NON-CURRENT ASSETS | $24.9K |
| TOTAL ASSETS | $33M |
| Account Payables | $931.3K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $731.1K |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $641.2K |
| TOTAL NON-CURRENT LIABILITIES | $641.2K |
| TOTAL LIABILITIES | $5M |
| Common Stock | $1.7K |
| Additional Paid-In Capital | $82M |
| Retained Earnings | -$54M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $28M |
| Minority Interest | $0 |
| TOTAL EQUITY | $28M |
| TOTAL LIABILITIES & EQUITY | $33M |
| Total Debt | $0 |
| Net Debt | -$30M |
