| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $788.0K | $1M | $3M | -46.4% | -70.3% |
| Op. Income | -$3M | -$3M | -$3M | 6.3% | 6.8% |
| Gross Margin | 0.3% | 49.1% | 38.1% | -48.8pp | -37.9pp |
| Net Margin | -408.0% | -263.2% | -23.2% | -144.8pp | -384.8pp |
| EPS (Diluted) | $-0.40 | $-29.77 | $-124.80 | 98.7% | 99.7% |
| Free Cash Flow | -$5M | -$3M | -$314.0K | -30.1% | -1333.8% |
| Item | Amount |
|---|---|
| REVENUE | $788.0K |
| Cost of Revenue | $786.0K |
| GROSS PROFIT | $2.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $201.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $41.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $201.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $201.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $685.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$52.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$52.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $14M |
| Other Current Assets | $500.0K |
| TOTAL CURRENT ASSETS | $28M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$8.0K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $32M |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1M |
| Other Current Liabilities | $223.0K |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $5.0K |
| TOTAL LIABILITIES | $12M |
| Common Stock | $0 |
| Additional Paid-In Capital | $302M |
| Retained Earnings | -$282M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $265.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20M |
| Minority Interest | -$149.0K |
| TOTAL EQUITY | $20M |
| TOTAL LIABILITIES & EQUITY | $32M |
| Total Debt | $553.0K |
| Net Debt | -$5M |
