| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $6M | $2M | 8.1% | 256.9% |
| Op. Income | $9.0K | -$198.0K | -$868.0K | 104.5% | 101.0% |
| Gross Margin | 25.6% | 25.5% | 10.1% | 0.1pp | 15.5pp |
| Net Margin | -1.8% | -4.8% | -55.5% | 3.0pp | 53.7pp |
| EPS (Diluted) | $-0.02 | $-0.04 | $-0.14 | 60.2% | 88.4% |
| Free Cash Flow | $86.0K | -$2M | -$1M | 105.6% | 106.2% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $42.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $9.0K |
| Interest Income | $0 |
| Interest Expense | $113.0K |
| Other Income/Expenses | -$113.0K |
| INCOME BEFORE TAX | -$104.0K |
| Income Tax Expense | $4.0K |
| Net Income from Continuing Ops | -$108.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$108.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$108.0K |
| D&A | $14.0K |
| EBIT | $9.0K |
| EBITDA | $23.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$108.0K |
| Depreciation & Amortization | $14.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $180.0K |
| OPERATING CASH FLOW | $86.0K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$173.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$173.0K |
| FREE CASH FLOW | $86.0K |
| Net Change in Cash | -$87.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $525.0K |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $1M |
| Other Current Assets | $252.0K |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $54.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $26.0K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $11M |
| Account Payables | $3M |
| Short-Term Debt | $1M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $0 |
| Additional Paid-In Capital | $6M |
| Retained Earnings | -$11M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$5M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$5M |
| TOTAL LIABILITIES & EQUITY | $11M |
| Total Debt | $4M |
| Net Debt | $4M |
