| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $16M | $7M | -28.1% | 59.1% |
| Op. Income | $828.8K | $7M | $1M | -88.4% | -29.0% |
| Gross Margin | 46.0% | 58.0% | 40.5% | -12.0pp | 5.5pp |
| Net Margin | 13.3% | 24.8% | 11.2% | -11.5pp | 2.2pp |
| EPS (Diluted) | $0.07 | $0.18 | $0.04 | -61.1% | 89.2% |
| Free Cash Flow | $5M | $942.8K | -$4M | 400.8% | 230.1% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $5M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $3M |
| Operating Expenses | $5M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $828.8K |
| Interest Income | $17.2K |
| Interest Expense | $19.9K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $3M |
| EBIT | $3M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $5M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $3M |
| Operating Expenses | $5M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $828.8K |
| Interest Income | $17.2K |
| Interest Expense | $19.9K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $3M |
| EBIT | $3M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $385.8K |
| Deferred Income Tax | -$458.2K |
| Other Non-Cash Items | $402.8K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$255.0K |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $17M |
| PP&E (Net) | $540.9K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $470.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $106M |
| TOTAL NON-CURRENT ASSETS | $107M |
| TOTAL ASSETS | $124M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $23M |
| Common Stock | $116M |
| Additional Paid-In Capital | $13M |
| Retained Earnings | -$39M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $100M |
| Minority Interest | $0 |
| TOTAL EQUITY | $100M |
| TOTAL LIABILITIES & EQUITY | $124M |
| Total Debt | $417.3K |
| Net Debt | -$9M |
