| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | — | — | — | — |
| Op. Income | -$37M | — | — | — | — |
| Gross Margin | -704.7% | — | — | — | — |
| Net Margin | -710.9% | — | — | — | — |
| EPS (Diluted) | $-0.11 | — | — | — | — |
| Free Cash Flow | -$20M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $18M |
| GROSS PROFIT | -$16M |
| R&D Expenses | $18M |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $39M |
| OPERATING INCOME | -$37M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $21M |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$16M |
| D&A | $16.8K |
| EBIT | -$19M |
| EBITDA | -$19M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $16.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$20M |
| Capital Expenditure | -$8.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$22M |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | -$84.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $45.7K |
| NET CASH FROM FINANCING | -$38.7K |
| FREE CASH FLOW | -$20M |
| Net Change in Cash | -$33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $53M |
| Short-Term Investments | $61M |
| Net Receivables | $1.1K |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $124M |
| PP&E (Net) | $484.9K |
| Goodwill | $78.5K |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $77.6K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $130M |
| Account Payables | $3M |
| Short-Term Debt | $737.4K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $531.2K |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $180.9K |
| TOTAL NON-CURRENT LIABILITIES | $460.1K |
| TOTAL LIABILITIES | $7M |
| Common Stock | $381M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$289M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $123M |
| Minority Interest | $0 |
| TOTAL EQUITY | $123M |
| TOTAL LIABILITIES & EQUITY | $130M |
| Total Debt | $1M |
| Net Debt | -$52M |
