| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $8M | $9M | -13.3% | -22.1% |
| Op. Income | -$1M | -$45.5K | -$1M | -2605.7% | -13.5% |
| Gross Margin | 42.6% | 39.4% | 42.9% | 3.2pp | -0.4pp |
| Net Margin | -16.7% | -2.3% | 8.5% | -14.5pp | -25.3pp |
| EPS (Diluted) | $-4.65 | $-0.73 | $3.40 | -537.0% | -236.8% |
| Free Cash Flow | -$7M | -$6M | $637.7K | -13.1% | -1122.7% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $23.8K |
| Other Income/Expenses | -$77.7K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$165.9K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $972.7K |
| EBIT | -$1M |
| EBITDA | -$312.3K |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $972.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$403.6K |
| Other Non-Cash Items | $154.8K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$554.9K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2.2K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $846.5K |
| Inventory | $9M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $22M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $497.9K |
| Other Non-Current Assets | $837.2K |
| TOTAL NON-CURRENT ASSETS | $25M |
| TOTAL ASSETS | $38M |
| Account Payables | $365.1K |
| Short-Term Debt | $7M |
| Deferred Revenue | $32.7K |
| Other Current Liabilities | $49.0K |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $191.1K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $24M |
| Common Stock | $245.9K |
| Additional Paid-In Capital | $11M |
| Retained Earnings | $3M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10.9K |
| Other Equity | -$220.0K |
| TOTAL STOCKHOLDERS' EQUITY | $14M |
| Minority Interest | $0 |
| TOTAL EQUITY | $14M |
| TOTAL LIABILITIES & EQUITY | $38M |
| Total Debt | $23M |
| Net Debt | $22M |
