| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $1M | $1M | 36.7% | 22.1% |
| Op. Income | -$3M | -$3M | -$3M | -24.1% | -22.3% |
| Gross Margin | 23.9% | 20.0% | 26.6% | 3.8pp | -2.8pp |
| Net Margin | -225.1% | -221.3% | -409.2% | -3.9pp | 184.1pp |
| EPS (Diluted) | $-1.10 | $-0.79 | $-1.83 | -39.8% | 39.8% |
| Free Cash Flow | -$4M | -$3M | -$3M | -31.4% | -41.8% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $368.7K |
| R&D Expenses | $91.9K |
| Selling & Marketing | $339.1K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $694.1K |
| Operating Expenses | $4M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$3M |
| Interest Income | $7.6K |
| Interest Expense | $0 |
| Other Income/Expenses | -$213.7K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $55.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $55.0K |
| Stock-Based Compensation | $274.4K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $70.5K |
| Change in Working Capital | -$840.4K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$15.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6.0K |
| NET CASH FROM INVESTING | -$9.3K |
| Net Debt Issuance | -$27.8K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $825.8K |
| Inventory | $2M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $20M |
| PP&E (Net) | $571.3K |
| Goodwill | $0 |
| Intangible Assets | $29.7K |
| Long-Term Investments | $20.9K |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $621.8K |
| TOTAL ASSETS | $21M |
| Account Payables | $886.4K |
| Short-Term Debt | $0 |
| Deferred Revenue | $196.2K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $40.3K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $182.6K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $99M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$92M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$92.4K |
| Other Equity | $9M |
| TOTAL STOCKHOLDERS' EQUITY | $17M |
| Minority Interest | $0 |
| TOTAL EQUITY | $17M |
| TOTAL LIABILITIES & EQUITY | $21M |
| Total Debt | $257.9K |
| Net Debt | -$16M |
