| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37.6K | — | $2M | — | -97.9% |
| Op. Income | -$153.8K | — | $534.8K | — | -128.8% |
| Gross Margin | -20.6% | — | 71.5% | — | -92.1pp |
| Net Margin | -496.0% | — | 25.3% | — | -521.3pp |
| EPS (Diluted) | $-0.01 | — | $0.04 | — | -117.6% |
| Free Cash Flow | $33.8K | — | $331.3K | — | -89.8% |
| Item | Amount |
|---|---|
| REVENUE | $37.6K |
| Cost of Revenue | $45.4K |
| GROSS PROFIT | -$7.8K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $146.0K |
| Other Expenses | $0 |
| Operating Expenses | $146.0K |
| Cost & Expenses | $191.4K |
| OPERATING INCOME | -$153.8K |
| Interest Income | $11.6K |
| Interest Expense | $0 |
| Other Income/Expenses | -$35.8K |
| INCOME BEFORE TAX | -$189.6K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$189.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$186.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$186.6K |
| D&A | $14.6K |
| EBIT | -$189.6K |
| EBITDA | -$175.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$186.6K |
| Depreciation & Amortization | $14.6K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $45.4K |
| Change in Working Capital | $160.5K |
| OPERATING CASH FLOW | $33.8K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $40.2K |
| Purchases of Investments | -$70.4K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$30.2K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $33.8K |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $23.0K |
| Net Receivables | $17.4K |
| Inventory | $0 |
| Other Current Assets | $8.7K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $31.6K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $16 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $31.6K |
| TOTAL ASSETS | $2M |
| Account Payables | $0 |
| Short-Term Debt | $14.2K |
| Deferred Revenue | $58.1K |
| Other Current Liabilities | $243.9K |
| TOTAL CURRENT LIABILITIES | $324.8K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.3K |
| TOTAL LIABILITIES | $327.1K |
| Common Stock | $32 |
| Additional Paid-In Capital | $1M |
| Retained Earnings | $83.4K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1M |
| Minority Interest | $37.4K |
| TOTAL EQUITY | $1M |
| TOTAL LIABILITIES & EQUITY | $2M |
| Total Debt | $16.5K |
| Net Debt | -$1M |
