| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $27M | $23M | $25M | 20.6% | 11.2% |
| Op. Income | -$1M | -$6M | -$1M | 81.2% | 19.3% |
| Gross Margin | 49.2% | 40.4% | 38.9% | 8.8pp | 10.3pp |
| Net Margin | -5.5% | -19.2% | -3.2% | 13.6pp | -2.3pp |
| EPS (Diluted) | $-6.73 | $-0.36 | $-0.07 | -1765.6% | -9917.4% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $13M |
| R&D Expenses | $2M |
| Selling & Marketing | $10M |
| General & Administrative | $2M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $28M |
| OPERATING INCOME | -$1M |
| Interest Income | $889.8K |
| Interest Expense | $0 |
| Other Income/Expenses | $312.0K |
| INCOME BEFORE TAX | -$741.7K |
| Income Tax Expense | $676.1K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $0 |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $1.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $107M |
| Short-Term Investments | $35M |
| Net Receivables | $51M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $200M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $12M |
| Tax Assets | $9M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $33M |
| TOTAL ASSETS | $233M |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $68M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $76M |
| Common Stock | $6M |
| Additional Paid-In Capital | $240M |
| Retained Earnings | -$89M |
| Treasury Stock | -$216.3K |
| Accum. Other Comp. Income | $9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $166M |
| Minority Interest | -$9M |
| TOTAL EQUITY | $157M |
| TOTAL LIABILITIES & EQUITY | $233M |
| Total Debt | $7M |
| Net Debt | -$100M |
