| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $287.2K | $441.0K | 591.6% | 350.4% |
| Op. Income | $17M | -$883.2K | -$851.8K | 2046.4% | 2118.2% |
| Gross Margin | 98.6% | 97.6% | 86.9% | 1.0pp | 11.7pp |
| Net Margin | 777.0% | -270.8% | -182.6% | 1047.8pp | 959.7pp |
| EPS (Diluted) | $0.84 | $-0.08 | $-0.08 | 1169.1% | 1110.2% |
| Free Cash Flow | -$1M | -$785.6K | -$687.6K | -62.1% | -85.2% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $28.0K |
| GROSS PROFIT | $2M |
| R&D Expenses | $313.0K |
| Selling & Marketing | $681.0K |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | -$21M |
| Operating Expenses | -$15M |
| Cost & Expenses | -$15M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $776.0K |
| Other Income/Expenses | -$557.0K |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | -$714.0K |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $291.1K |
| EBIT | $17M |
| EBITDA | $18M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $28.0K |
| GROSS PROFIT | $2M |
| R&D Expenses | $313.0K |
| Selling & Marketing | $681.0K |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | -$21M |
| Operating Expenses | -$15M |
| Cost & Expenses | -$15M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $776.0K |
| Other Income/Expenses | -$557.0K |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | -$714.0K |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $291.1K |
| EBIT | $17M |
| EBITDA | $18M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $291.1K |
| Stock-Based Compensation | $952.3K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$21M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$2.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$61M |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $30M |
| NET CASH FROM FINANCING | $63M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $668.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $595.0K |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $835.0K |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $53.0K |
| Goodwill | $607.0K |
| Intangible Assets | $4M |
| Long-Term Investments | $97M |
| Tax Assets | $0 |
| Other Non-Current Assets | $137.0K |
| TOTAL NON-CURRENT ASSETS | $102M |
| TOTAL ASSETS | $107M |
| Account Payables | $0 |
| Short-Term Debt | $427.0K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $21M |
| Deferred Revenue NC | $43.0K |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $115.0K |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $28M |
| Common Stock | $0 |
| Additional Paid-In Capital | $74M |
| Retained Earnings | $5M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $80M |
| Minority Interest | $0 |
| TOTAL EQUITY | $80M |
| TOTAL LIABILITIES & EQUITY | $107M |
| Total Debt | $22M |
| Net Debt | $19M |
