| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $55.3K | — | $46.8K | — | 18.1% |
| Op. Income | -$468.0K | — | -$699.0K | — | 33.0% |
| Gross Margin | -204.2% | — | -730.8% | — | 526.5pp |
| Net Margin | -1016.4% | — | -2911.5% | — | 1895.1pp |
| EPS (Diluted) | $-0.16 | — | $-0.40 | — | 58.9% |
| Item | Amount |
|---|---|
| REVENUE | $55.3K |
| Cost of Revenue | $168.2K |
| GROSS PROFIT | -$112.9K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $355.1K |
| Other Expenses | $0 |
| Operating Expenses | $355.1K |
| Cost & Expenses | $523.3K |
| OPERATING INCOME | -$468.0K |
| Interest Income | $0 |
| Interest Expense | $505.9K |
| Other Income/Expenses | -$93.9K |
| INCOME BEFORE TAX | -$561.9K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$561.9K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$561.9K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$561.9K |
| D&A | $0 |
| EBIT | -$468.0K |
| EBITDA | -$468.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $100.1K |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $29M |
| TOTAL ASSETS | $31M |
| Account Payables | $97.2K |
| Short-Term Debt | $15M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $781.7K |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $170.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $263.4K |
| TOTAL NON-CURRENT LIABILITIES | $433.5K |
| TOTAL LIABILITIES | $17M |
| Common Stock | $69M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$55M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14M |
| Minority Interest | -$821.8K |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $31M |
| Total Debt | $15M |
| Net Debt | $15M |
