| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | — | $2M | — | 2.3% |
| Op. Income | -$3M | — | -$775.0K | — | -243.7% |
| Gross Margin | 8.7% | — | 11.0% | — | -2.3pp |
| Net Margin | -361.5% | — | -63.5% | — | -298.0pp |
| EPS (Diluted) | $-11.13 | — | $-7.06 | — | -57.6% |
| Free Cash Flow | -$2M | — | -$491.8K | — | -358.4% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $155.6K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$3M |
| Interest Income | $56.2K |
| Interest Expense | $614.2K |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $91.8K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$11 |
| EPS Diluted | -$11 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $91.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $17.9K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $3 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$917 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | $42M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$98 |
| NET CASH FROM FINANCING | $42M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $4M |
