| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $8M | $5M | 16.2% | 86.2% |
| Op. Income | $725.1K | $480.7K | $534.9K | 50.8% | 35.5% |
| Gross Margin | 67.7% | 66.8% | 80.5% | 0.9pp | -12.8pp |
| Net Margin | 6.8% | 6.2% | 6.8% | 0.6pp | 0.0pp |
| EPS (Diluted) | $0.01 | $0.01 | $0.01 | 9.9% | 58.7% |
| Free Cash Flow | $571.4K | -$176.1K | $1M | 424.4% | -51.3% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $6M |
| R&D Expenses | $582.6K |
| Selling & Marketing | $1M |
| General & Administrative | $4M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $725.1K |
| Interest Income | $108.2K |
| Interest Expense | $0 |
| Other Income/Expenses | $108.2K |
| INCOME BEFORE TAX | $833.3K |
| Income Tax Expense | $202.6K |
| Net Income from Continuing Ops | $630.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $630.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $630.6K |
| D&A | $136.0K |
| EBIT | $833.3K |
| EBITDA | $969.3K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $6M |
| R&D Expenses | $582.6K |
| Selling & Marketing | $1M |
| General & Administrative | $4M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $725.1K |
| Interest Income | $108.2K |
| Interest Expense | $0 |
| Other Income/Expenses | $108.2K |
| INCOME BEFORE TAX | $833.3K |
| Income Tax Expense | $202.6K |
| Net Income from Continuing Ops | $630.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $630.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $630.6K |
| D&A | $136.0K |
| EBIT | $833.3K |
| EBITDA | $969.3K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $630.6K |
| Depreciation & Amortization | $136.0K |
| Stock-Based Compensation | $708.0K |
| Deferred Income Tax | -$32.1K |
| Other Non-Cash Items | $165.7K |
| Change in Working Capital | -$126.9K |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$909.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$909.9K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8.3K |
| NET CASH FROM FINANCING | -$8.3K |
| FREE CASH FLOW | $571.4K |
| Net Change in Cash | $563.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $173.9K |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $22M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $955.7K |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $262.1K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $365.1K |
| TOTAL LIABILITIES | $6M |
| Common Stock | $56.4K |
| Additional Paid-In Capital | $11M |
| Retained Earnings | $5M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16M |
| Minority Interest | $0 |
| TOTAL EQUITY | $16M |
| TOTAL LIABILITIES & EQUITY | $22M |
| Total Debt | $174.4K |
| Net Debt | -$8M |
