| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $16M | $15M | 3.1% | 12.7% |
| Op. Income | $1M | $1M | $580.0K | -4.1% | 90.2% |
| Gross Margin | 63.4% | 65.3% | 63.3% | -1.9pp | 0.1pp |
| Net Margin | 7.4% | 7.3% | 4.0% | 0.2pp | 3.4pp |
| EPS (Diluted) | $0.04 | $0.04 | $0.02 | 4.2% | 97.5% |
| Free Cash Flow | $1M | $1M | $3M | 3.2% | -51.8% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $10M |
| R&D Expenses | $1M |
| Selling & Marketing | $4M |
| General & Administrative | $4M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $1M |
| Interest Income | $126.0K |
| Interest Expense | $6.0K |
| Other Income/Expenses | $177.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $48.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $856.0K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $10M |
| R&D Expenses | $1M |
| Selling & Marketing | $4M |
| General & Administrative | $4M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $1M |
| Interest Income | $126.0K |
| Interest Expense | $6.0K |
| Other Income/Expenses | $177.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $48.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $856.0K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $872.0K |
| Stock-Based Compensation | $762.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$18.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$18.0K |
| Net Debt Issuance | -$119.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$107.0K |
| NET CASH FROM FINANCING | $933.0K |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $618.0K |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $35M |
| PP&E (Net) | $2M |
| Goodwill | $9M |
| Intangible Assets | $19M |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $37M |
| TOTAL ASSETS | $71M |
| Account Payables | $2M |
| Short-Term Debt | $356.0K |
| Deferred Revenue | $3M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $181.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $962.0K |
| TOTAL LIABILITIES | $13M |
| Common Stock | $30.0K |
| Additional Paid-In Capital | $142M |
| Retained Earnings | -$84M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $206.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $58M |
| Minority Interest | $0 |
| TOTAL EQUITY | $58M |
| TOTAL LIABILITIES & EQUITY | $71M |
| Total Debt | $2M |
| Net Debt | -$22M |
