| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $881.0K | $5M | $5M | -83.7% | -82.8% |
| Op. Income | -$86.0K | $4M | $4M | -102.2% | -102.2% |
| Gross Margin | 94.2% | 99.5% | 99.3% | -5.3pp | -5.1pp |
| Net Margin | -9.8% | 73.1% | 76.3% | -82.9pp | -86.1pp |
| EPS (Diluted) | $-0.01 | $0.25 | $0.29 | -102.5% | -102.2% |
| Free Cash Flow | -$598.0K | -$2M | -$2M | 62.5% | 72.0% |
| Item | Amount |
|---|---|
| REVENUE | $881.0K |
| Cost of Revenue | $51.0K |
| GROSS PROFIT | $830.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $473.0K |
| SG&A Expenses | $473.0K |
| Other Expenses | $443.0K |
| Operating Expenses | $916.0K |
| Cost & Expenses | $967.0K |
| OPERATING INCOME | -$86.0K |
| Interest Income | $319.0K |
| Interest Expense | $51.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$86.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$86.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$86.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$86.0K |
| D&A | $0 |
| EBIT | -$86.0K |
| EBITDA | -$86.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$86.0K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$473.0K |
| Change in Working Capital | -$39.0K |
| OPERATING CASH FLOW | -$598.0K |
| Capital Expenditure | -$2.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $250.0K |
| NET CASH FROM INVESTING | $248.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$598.0K |
| Net Change in Cash | -$599.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $69.0K |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $33M |
| Tax Assets | $0 |
| Other Non-Current Assets | $32.0K |
| TOTAL NON-CURRENT ASSETS | $34M |
| TOTAL ASSETS | $37M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.0K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $3M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $76M |
| Retained Earnings | -$41M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $34M |
| Minority Interest | $0 |
| TOTAL EQUITY | $34M |
| TOTAL LIABILITIES & EQUITY | $37M |
| Total Debt | $2M |
| Net Debt | $2M |
