| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $4M | — | 0.6% | — |
| Op. Income | -$793 | $1M | — | -100.1% | — |
| Gross Margin | 92.1% | 94.2% | — | -2.1pp | — |
| Net Margin | -1.1% | 18.8% | — | -19.9pp | — |
| EPS (Diluted) | $-0.00 | $0.05 | — | -106.2% | — |
| Free Cash Flow | $406.8K | -$508.6K | — | 180.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $312.9K |
| GROSS PROFIT | $4M |
| R&D Expenses | $489.2K |
| Selling & Marketing | $1M |
| General & Administrative | $1M |
| SG&A Expenses | $3M |
| Other Expenses | $562.7K |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$793 |
| Interest Income | $42.9K |
| Interest Expense | $126.0K |
| Other Income/Expenses | -$55.2K |
| INCOME BEFORE TAX | -$56.0K |
| Income Tax Expense | -$12.6K |
| Net Income from Continuing Ops | -$43.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$43.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$43.4K |
| D&A | $104.1K |
| EBIT | $70.1K |
| EBITDA | $174.2K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$43.4K |
| Depreciation & Amortization | $104.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $860.5K |
| Change in Working Capital | -$521.4K |
| OPERATING CASH FLOW | $399.8K |
| Capital Expenditure | $7.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $7.0K |
| Net Debt Issuance | -$95.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$12.1K |
| FREE CASH FLOW | $406.8K |
| Net Change in Cash | $322.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $328.7K |
| Other Current Assets | $230.2K |
| TOTAL CURRENT ASSETS | $17M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $860.7K |
| Long-Term Investments | $0 |
| Tax Assets | $76.9K |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $32M |
| Account Payables | $294.8K |
| Short-Term Debt | $577.7K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $112.8K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $11M |
| Common Stock | $131.2K |
| Additional Paid-In Capital | $6M |
| Retained Earnings | $12M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21M |
| Minority Interest | $0 |
| TOTAL EQUITY | $21M |
| TOTAL LIABILITIES & EQUITY | $32M |
| Total Debt | $6M |
| Net Debt | -$177.9K |
