| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $19M | $18M | -67.4% | -64.9% |
| Op. Income | -$2M | $5M | $8M | -143.8% | -127.9% |
| Gross Margin | 23.8% | 56.9% | 66.7% | -33.1pp | -42.9pp |
| Net Margin | 88.6% | -25.7% | 40.9% | 114.2pp | 47.6pp |
| EPS (Diluted) | $0.18 | $-0.17 | $0.12 | 210.5% | 50.0% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $2M |
| R&D Expenses | $2M |
| Selling & Marketing | $296.6K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$2M |
| Interest Income | $450.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | -$1M |
| 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 | $182.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $315.8K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $31M |
| Net Receivables | $0 |
| Inventory | $19M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $99M |
| PP&E (Net) | $23M |
| Goodwill | $0 |
| Intangible Assets | $24M |
| Long-Term Investments | $3M |
| Tax Assets | $5M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $56M |
| TOTAL ASSETS | $155M |
| Account Payables | $628.9K |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $13.7K |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $5M |
| Common Stock | $146 |
| Additional Paid-In Capital | $30M |
| Retained Earnings | $112M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $8M |
| Other Equity | -$146 |
| TOTAL STOCKHOLDERS' EQUITY | $150M |
| Minority Interest | $0 |
| TOTAL EQUITY | $150M |
| TOTAL LIABILITIES & EQUITY | $155M |
| Total Debt | $0 |
| Net Debt | -$40M |
