| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $23M | $22M | -1.8% | -0.4% |
| Op. Income | -$6M | -$6M | -$6M | 8.6% | 12.0% |
| Gross Margin | 71.8% | 72.4% | 71.7% | -0.6pp | 0.1pp |
| Net Margin | -19.5% | -21.3% | -20.0% | 1.8pp | 0.5pp |
| EPS (Diluted) | $-0.12 | $-0.14 | $-0.12 | 14.3% | 0.0% |
| Free Cash Flow | -$5M | -$143.0K | -$3M | -3521.7% | -54.7% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $16M |
| R&D Expenses | $6M |
| Selling & Marketing | $8M |
| General & Administrative | $7M |
| SG&A Expenses | $15M |
| Other Expenses | $965.0K |
| Operating Expenses | $22M |
| Cost & Expenses | $28M |
| OPERATING INCOME | -$6M |
| Interest Income | $989.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $19.0K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $1M |
| EBIT | -$6M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$230.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$36.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | -$94.0K |
| NET CASH FROM INVESTING | $9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$715.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$715.0K |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $72M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $106M |
| PP&E (Net) | $22M |
| Goodwill | $4M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $33M |
| TOTAL ASSETS | $139M |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.0K |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $44M |
| Common Stock | $432.0K |
| Additional Paid-In Capital | $470M |
| Retained Earnings | -$341M |
| Treasury Stock | -$33M |
| Accum. Other Comp. Income | -$190.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $95M |
| Minority Interest | $0 |
| TOTAL EQUITY | $95M |
| TOTAL LIABILITIES & EQUITY | $139M |
| Total Debt | $21M |
| Net Debt | -$2M |
