| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $6M | — | 3.7% | — |
| Op. Income | -$1M | -$1M | — | 14.7% | — |
| Gross Margin | 38.3% | 55.3% | — | -17.0pp | — |
| Net Margin | -18.3% | 14.7% | — | -33.0pp | — |
| EPS (Diluted) | $-0.11 | $0.09 | — | -225.6% | — |
| Free Cash Flow | -$1M | $2M | — | -167.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $2M |
| R&D Expenses | $839.4K |
| Selling & Marketing | $839.4K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | -$839.4K |
| Operating Expenses | $3M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$1M |
| Interest Income | $87.9K |
| Interest Expense | $0 |
| Other Income/Expenses | $160.0K |
| INCOME BEFORE TAX | -$978.0K |
| Income Tax Expense | $72.0K |
| 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 | $882.6K |
| EBIT | -$978.0K |
| EBITDA | -$95.4K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $882.6K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $166.1K |
| Change in Working Capital | -$887.3K |
| OPERATING CASH FLOW | -$888.7K |
| Capital Expenditure | -$280.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$280.1K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$212.8K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$212.8K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $2M |
| Goodwill | $6M |
| Intangible Assets | $9M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $13.9K |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $30M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $704.0K |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $506.7K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $10M |
| Common Stock | $9.9K |
| Additional Paid-In Capital | $45M |
| Retained Earnings | -$24M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20M |
| Minority Interest | $0 |
| TOTAL EQUITY | $20M |
| TOTAL LIABILITIES & EQUITY | $30M |
| Total Debt | $1M |
| Net Debt | -$6M |
