| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $409.3K | $341.3K | $221.5K | 19.9% | 84.8% |
| Op. Income | -$4M | -$5M | -$4M | 29.5% | 14.1% |
| Gross Margin | 8.8% | 65.6% | 67.0% | -56.8pp | -58.1pp |
| Net Margin | -1120.5% | -1727.9% | -2115.1% | 607.4pp | 994.6pp |
| EPS (Diluted) | $-0.16 | $-0.23 | $-0.21 | 30.4% | 23.8% |
| Free Cash Flow | -$4M | -$5M | -$5M | 8.5% | 1.9% |
| Item | Amount |
|---|---|
| REVENUE | $409.3K |
| Cost of Revenue | $373.1K |
| GROSS PROFIT | $36.2K |
| R&D Expenses | $1M |
| Selling & Marketing | $985.0K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | -$128.6K |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$4M |
| Interest Income | $17.1K |
| Interest Expense | $491.5K |
| Other Income/Expenses | -$734.4K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $214.9K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $214.9K |
| Stock-Based Compensation | $182.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $404.6K |
| Change in Working Capital | -$568.3K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$94.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$97.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$602.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $254.6K |
| Inventory | $5M |
| Other Current Assets | $2 |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $55.6K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $829.2K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $14M |
| Account Payables | $3M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $64.0K |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $40.3K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $12M |
| Common Stock | $32.7K |
| Additional Paid-In Capital | $137M |
| Retained Earnings | -$138M |
| Treasury Stock | -$60.0K |
| Accum. Other Comp. Income | $2M |
| Other Equity | $1 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $0 |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $8M |
| Net Debt | $5M |
