| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $90M | $85M | $89M | 5.8% | 0.6% |
| Op. Income | $1M | -$3M | $4M | 136.0% | -77.1% |
| Gross Margin | 43.1% | 43.9% | 40.4% | -0.7pp | 2.8pp |
| Net Margin | 0.2% | -5.9% | 3.0% | 6.1pp | -2.8pp |
| EPS (Diluted) | $0.01 | $-0.24 | $0.13 | 103.9% | -92.8% |
| Free Cash Flow | $521.0K | -$837.0K | -$7M | 162.2% | 107.4% |
| Item | Amount |
|---|---|
| REVENUE | $90M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $39M |
| R&D Expenses | $0 |
| Selling & Marketing | $27M |
| General & Administrative | $10M |
| SG&A Expenses | $36M |
| Other Expenses | $2M |
| Operating Expenses | $38M |
| Cost & Expenses | $89M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$889.0K |
| INCOME BEFORE TAX | $129.0K |
| Income Tax Expense | -$81.0K |
| Net Income from Continuing Ops | $210.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $210.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $210.0K |
| D&A | $3M |
| EBIT | $2M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $90M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $39M |
| R&D Expenses | $0 |
| Selling & Marketing | $27M |
| General & Administrative | $10M |
| SG&A Expenses | $36M |
| Other Expenses | $2M |
| Operating Expenses | $38M |
| Cost & Expenses | $89M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$889.0K |
| INCOME BEFORE TAX | $129.0K |
| Income Tax Expense | -$81.0K |
| Net Income from Continuing Ops | $210.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $210.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $210.0K |
| D&A | $3M |
| EBIT | $2M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $210.0K |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $542.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$71.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $139.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$48.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$16.0K |
| NET CASH FROM FINANCING | -$64.0K |
| FREE CASH FLOW | $521.0K |
| Net Change in Cash | $596.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $36M |
| Inventory | $53M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $100M |
| PP&E (Net) | $68M |
| Goodwill | $0 |
| Intangible Assets | $10M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $79M |
| TOTAL ASSETS | $179M |
| Account Payables | $45M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $78M |
| Long-Term Debt | $23M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $60M |
| TOTAL LIABILITIES | $138M |
| Common Stock | $21M |
| Additional Paid-In Capital | $81M |
| Retained Earnings | -$35M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $41M |
| Minority Interest | $0 |
| TOTAL EQUITY | $41M |
| TOTAL LIABILITIES & EQUITY | $179M |
| Total Debt | $61M |
| Net Debt | $55M |
