| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $14M | $12M | -4.1% | 16.6% |
| Op. Income | $732.0K | $1M | -$2M | -44.9% | 137.4% |
| Gross Margin | 42.0% | 46.5% | 42.8% | -4.5pp | -0.8pp |
| Net Margin | 5.4% | 9.3% | -17.9% | -3.9pp | 23.3pp |
| EPS (Diluted) | $0.05 | $0.09 | $-0.15 | -44.5% | 134.6% |
| Free Cash Flow | -$377.0K | $311.0K | $436.0K | -221.2% | -186.5% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $6M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $732.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $7.0K |
| INCOME BEFORE TAX | $739.0K |
| Income Tax Expense | $11.0K |
| Net Income from Continuing Ops | $728.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $728.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $728.0K |
| D&A | $399.0K |
| EBIT | $739.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $6M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $732.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $7.0K |
| INCOME BEFORE TAX | $739.0K |
| Income Tax Expense | $11.0K |
| Net Income from Continuing Ops | $728.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $728.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $728.0K |
| D&A | $399.0K |
| EBIT | $739.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $728.0K |
| Depreciation & Amortization | $399.0K |
| Stock-Based Compensation | $9.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $85.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$283.0K |
| Capital Expenditure | -$94.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$94.0K |
| Net Debt Issuance | -$37.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $239.0K |
| FREE CASH FLOW | -$377.0K |
| Net Change in Cash | -$138.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $860.0K |
| TOTAL CURRENT ASSETS | $14M |
| PP&E (Net) | $11M |
| Goodwill | $335.0K |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $185.0K |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $25M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $10M |
| Other Current Liabilities | $151.0K |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $324.0K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $25M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $84M |
| Retained Earnings | -$83M |
| Treasury Stock | -$708.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $681.0K |
| Minority Interest | $0 |
| TOTAL EQUITY | $681.0K |
| TOTAL LIABILITIES & EQUITY | $25M |
| Total Debt | $7M |
| Net Debt | $4M |
