| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18.3K | — | $71.8K | — | -74.4% |
| Op. Income | -$269.5K | — | -$297.6K | — | 9.4% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | -2014.9% | — | -2272.7% | — | 257.8pp |
| EPS (Diluted) | $-0.07 | — | $-0.34 | — | 78.2% |
| Free Cash Flow | $467.0K | — | -$894.0K | — | 152.2% |
| Item | Amount |
|---|---|
| REVENUE | $18.3K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $18.3K |
| R&D Expenses | $0 |
| Selling & Marketing | $205.2K |
| General & Administrative | $82.6K |
| SG&A Expenses | $287.8K |
| Other Expenses | $0 |
| Operating Expenses | $287.8K |
| Cost & Expenses | $287.8K |
| OPERATING INCOME | -$269.5K |
| Interest Income | $0 |
| Interest Expense | $12.6K |
| Other Income/Expenses | -$100.2K |
| INCOME BEFORE TAX | -$369.7K |
| Income Tax Expense | $0 |
| NET INCOME | -$369.7K |
| D&A | $277.0K |
| EBIT | -$277.0K |
| EBITDA | $0 |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$369.7K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $205.2K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $725.3K |
| Change in Working Capital | -$93.7K |
| OPERATING CASH FLOW | $467.0K |
| Capital Expenditure | $4 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $774.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $774.0K |
| Net Debt Issuance | -$467.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$467.0K |
| FREE CASH FLOW | $467.0K |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $0 |
| Short-Term Investments | $0 |
| Net Receivables | $1.8K |
| Inventory | $0 |
| Other Current Assets | -$1.8K |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $36M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $36M |
| TOTAL ASSETS | $36M |
| Account Payables | $9.5K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$9.5K |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $262.9K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $262.9K |
| TOTAL LIABILITIES | $272.4K |
| Common Stock | $54.6K |
| Additional Paid-In Capital | $15M |
| Retained Earnings | $25M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $36M |
| Minority Interest | $0 |
| TOTAL EQUITY | $36M |
| TOTAL LIABILITIES & EQUITY | $36M |
| Total Debt | $262.9K |
| Net Debt | $262.9K |
