| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $27M | $26M | $28M | 4.9% | -3.4% |
| Op. Income | $2M | $920.9K | $937.2K | 76.0% | 72.9% |
| Gross Margin | 57.2% | 54.7% | 55.7% | 2.4pp | 1.5pp |
| Net Margin | 4.3% | 2.5% | 2.3% | 1.8pp | 2.0pp |
| EPS (Diluted) | $0.03 | $0.02 | $0.02 | 80.1% | 81.1% |
| Free Cash Flow | -$1M | $960.9K | $16.9K | -253.8% | -8823.7% |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $12M |
| General & Administrative | $2M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $43.8K |
| Other Income/Expenses | -$38.2K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $405.7K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $76.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $12M |
| General & Administrative | $2M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $43.8K |
| Other Income/Expenses | -$38.2K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $405.7K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $76.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $76.0K |
| Stock-Based Compensation | $15.0K |
| Deferred Income Tax | $327.5K |
| Other Non-Cash Items | $180.7K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$77 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$81 |
| Net Debt Issuance | $576.2K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $576.2K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$934.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $325.4K |
| Short-Term Investments | $0 |
| Net Receivables | $573.9K |
| Inventory | $21M |
| Other Current Assets | $12.8K |
| TOTAL CURRENT ASSETS | $22M |
| PP&E (Net) | $178.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $513.2K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $691.2K |
| TOTAL ASSETS | $23M |
| Account Payables | $9M |
| Short-Term Debt | $683.8K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $102.6K |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $19.5K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $80.8K |
| TOTAL LIABILITIES | $16M |
| Common Stock | $3.5K |
| Additional Paid-In Capital | $6M |
| Retained Earnings | $1M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $90.1K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $23M |
| Total Debt | $821.0K |
| Net Debt | $495.6K |
