| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $7M | $6M | -0.1% | 20.8% |
| Op. Income | -$6M | -$6M | -$7M | -5.3% | 10.6% |
| Gross Margin | 37.7% | 45.8% | 37.9% | -8.1pp | -0.3pp |
| Net Margin | -88.6% | -58.8% | -120.9% | -29.8pp | 32.3pp |
| EPS (Diluted) | $-0.14 | $-0.09 | $-0.16 | -54.2% | 12.5% |
| Free Cash Flow | -$6M | $878.0K | -$7M | -837.7% | 4.4% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $3M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $187.0K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $71.0K |
| 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 | $878.0K |
| EBIT | -$6M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $878.0K |
| Stock-Based Compensation | $414.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$501.0K |
| Change in Working Capital | -$974.0K |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$155.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.0K |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$18.0K |
| NET CASH FROM FINANCING | $24.0K |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $1M |
| Net Receivables | $4M |
| Inventory | $9M |
| Other Current Assets | $206.0K |
| TOTAL CURRENT ASSETS | $23M |
| PP&E (Net) | $4M |
| Goodwill | $13M |
| Intangible Assets | $7M |
| Long-Term Investments | $130.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $26M |
| TOTAL ASSETS | $50M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $14M |
| Other Current Liabilities | $243.0K |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $13M |
| Deferred Revenue NC | $287.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $19M |
| TOTAL LIABILITIES | $42M |
| Common Stock | $0 |
| Additional Paid-In Capital | $127M |
| Retained Earnings | -$118M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$455.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8M |
| Minority Interest | $0 |
| TOTAL EQUITY | $8M |
| TOTAL LIABILITIES & EQUITY | $50M |
| Total Debt | $17M |
| Net Debt | $11M |
