| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $35.3K | $190.3K | $11.2K | -81.4% | 214.5% |
| Op. Income | -$2M | -$1M | -$1M | -21.3% | -25.2% |
| Gross Margin | -35.1% | 16.1% | 136.1% | -51.2pp | -171.2pp |
| Net Margin | -4261.7% | -657.7% | -12151.6% | -3603.9pp | 7889.9pp |
| EPS (Diluted) | $-2.00 | $-1.70 | $-2.10 | -17.6% | 4.8% |
| Free Cash Flow | -$1M | -$1M | -$834.6K | -15.0% | -71.3% |
| Item | Amount |
|---|---|
| REVENUE | $35.3K |
| Cost of Revenue | $47.7K |
| GROSS PROFIT | -$12.4K |
| R&D Expenses | $467.3K |
| Selling & Marketing | $7.4K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $12.1K |
| Interest Expense | $0 |
| Other Income/Expenses | $37.1K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| 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 | $5.5K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $5.5K |
| Stock-Based Compensation | $105.2K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$16.1K |
| Change in Working Capital | -$17.2K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$1.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.7K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$29.3K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $352.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $39.4K |
| Net Receivables | $88.4K |
| Inventory | $138.4K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $137.8K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $137.8K |
| TOTAL ASSETS | $2M |
| Account Payables | $793.4K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.6K |
| TOTAL CURRENT LIABILITIES | $829.2K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $829.2K |
| Common Stock | $7.2K |
| Additional Paid-In Capital | $30M |
| Retained Earnings | -$29M |
| Treasury Stock | -$173.8K |
| Accum. Other Comp. Income | -$35.6K |
| Other Equity | $22.9K |
| TOTAL STOCKHOLDERS' EQUITY | $845.6K |
| Minority Interest | $0 |
| TOTAL EQUITY | $845.6K |
| TOTAL LIABILITIES & EQUITY | $2M |
| Total Debt | $32.2K |
| Net Debt | -$1M |
