| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $8M | $9M | 1.0% | -8.8% |
| Op. Income | -$2M | -$2M | -$200.3K | -0.9% | -744.3% |
| Gross Margin | 3.6% | 8.1% | 19.8% | -4.6pp | -16.3pp |
| Net Margin | -20.0% | -19.8% | -1.4% | -0.2pp | -18.5pp |
| EPS (Diluted) | $-0.03 | $-0.03 | $-0.00 | -1.9% | -1130.8% |
| Free Cash Flow | -$1M | -$1M | -$2M | -6.0% | 34.9% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $301.0K |
| R&D Expenses | $180.3K |
| Selling & Marketing | $71.6K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $11.7K |
| Operating Expenses | $2M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$2M |
| Interest Income | $12.2K |
| Interest Expense | $28.6K |
| Other Income/Expenses | $615 |
| 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 | $11.7K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $11.7K |
| Stock-Based Compensation | $345.4K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$160.8K |
| 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 | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$253.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $810.3K |
| Short-Term Investments | $0 |
| Net Receivables | $21M |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $30M |
| PP&E (Net) | $220.0K |
| Goodwill | $0 |
| Intangible Assets | $20.4K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $240.5K |
| TOTAL ASSETS | $30M |
| Account Payables | $15M |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $71.0K |
| TOTAL LIABILITIES | $20M |
| Common Stock | $5.3K |
| Additional Paid-In Capital | $42M |
| Retained Earnings | -$32M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$607.1K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | -$45.5K |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $30M |
| Total Debt | $1M |
| Net Debt | $402.5K |
