| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $8M | $5M | -36.3% | 4.8% |
| Op. Income | -$795.7K | -$92.5K | -$388.8K | -760.1% | -104.7% |
| Gross Margin | 49.3% | 35.4% | 49.0% | 13.9pp | 0.3pp |
| Net Margin | -14.2% | 0.3% | -5.0% | -14.5pp | -9.3pp |
| EPS (Diluted) | $-0.10 | $0.00 | $-0.04 | -3130.3% | -185.7% |
| Free Cash Flow | -$39.0K | -$1M | $129.5K | 96.7% | -130.1% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $308.9K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $71.2K |
| Operating Expenses | $3M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$795.7K |
| Interest Income | $103.3K |
| Interest Expense | $16.2K |
| Other Income/Expenses | $63.7K |
| INCOME BEFORE TAX | -$732.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$732.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$733.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$733.0K |
| D&A | $350.5K |
| EBIT | -$715.7K |
| EBITDA | -$365.2K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$732.0K |
| Depreciation & Amortization | $350.5K |
| Stock-Based Compensation | $412.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $73.0K |
| Change in Working Capital | $268.1K |
| OPERATING CASH FLOW | $372.3K |
| Capital Expenditure | -$411.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$103.3K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$514.6K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $38.3K |
| FREE CASH FLOW | -$39.0K |
| Net Change in Cash | -$94.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $611.3K |
| Short-Term Investments | $11M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $944.7K |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $4M |
| Goodwill | $4M |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $263.8K |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $24M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $227.2K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $39.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $507.5K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $7.2K |
| Additional Paid-In Capital | $41M |
| Retained Earnings | -$20M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $64.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21M |
| Minority Interest | -$243.7K |
| TOTAL EQUITY | $21M |
| TOTAL LIABILITIES & EQUITY | $24M |
| Total Debt | $574.2K |
| Net Debt | -$37.1K |
