| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | — | — |
| Op. Income | -$57.7K | -$137.5K | -$44.2K | 58.1% | -30.4% |
| EPS (Diluted) | $-0.00 | $-0.01 | $-0.00 | 56.0% | -37.5% |
| Free Cash Flow | -$290.1K | -$149.9K | -$236.3K | -93.5% | -22.7% |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $15.0K |
| GROSS PROFIT | -$15.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $57.7K |
| SG&A Expenses | $57.7K |
| Other Expenses | $0 |
| Operating Expenses | $57.7K |
| Cost & Expenses | $57.7K |
| OPERATING INCOME | -$57.7K |
| Interest Income | $0 |
| Interest Expense | $3.1K |
| Other Income/Expenses | -$2.7K |
| INCOME BEFORE TAX | -$60.3K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$60.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$60.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$60.3K |
| D&A | $15.0K |
| EBIT | -$57.3K |
| EBITDA | -$42.2K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$60.3K |
| Depreciation & Amortization | $15.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$244.8K |
| OPERATING CASH FLOW | -$290.1K |
| 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 | $200.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $200.0K |
| FREE CASH FLOW | -$290.1K |
| Net Change in Cash | -$90.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $108.9K |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $596.2K |
| TOTAL CURRENT ASSETS | $711.3K |
| PP&E (Net) | $75.8K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $75.8K |
| TOTAL ASSETS | $787.2K |
| Account Payables | $269 |
| Short-Term Debt | $70.6K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $75.9K |
| Long-Term Debt | $400.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $405.8K |
| TOTAL LIABILITIES | $481.7K |
| Common Stock | $2.4K |
| Additional Paid-In Capital | $923.3K |
| Retained Earnings | -$820.4K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $200.0K |
| TOTAL STOCKHOLDERS' EQUITY | $305.4K |
| Minority Interest | $0 |
| TOTAL EQUITY | $305.4K |
| TOTAL LIABILITIES & EQUITY | $787.2K |
| Total Debt | $476.5K |
| Net Debt | $367.6K |
