| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $725.6K | $816.0K | $940.6K | -11.1% | -22.9% |
| Op. Income | -$2M | -$295.9K | -$170.9K | -474.2% | -894.1% |
| Gross Margin | 44.5% | 49.7% | 56.3% | -5.2pp | -11.8pp |
| Net Margin | -532.8% | -36.4% | -18.4% | -496.4pp | -514.4pp |
| EPS (Diluted) | $-11.50 | $-0.67 | $-0.39 | -1616.4% | -2848.7% |
| Free Cash Flow | -$336.5K | -$288.3K | -$124.5K | -16.7% | -170.4% |
| Item | Amount |
|---|---|
| REVENUE | $725.6K |
| Cost of Revenue | $402.9K |
| GROSS PROFIT | $322.7K |
| R&D Expenses | $22.5K |
| Selling & Marketing | $110.1K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $516.9K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $38.4K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $92.2K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$12 |
| EPS Diluted | -$12 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $92.2K |
| Stock-Based Compensation | $118.4K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$336.5K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$336.5K |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $3.8K |
| Inventory | $0 |
| Other Current Assets | $3.5K |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $9M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.0K |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $22M |
| Account Payables | $2M |
| Short-Term Debt | $270.0K |
| Deferred Revenue | $2M |
| Other Current Liabilities | -$92.5K |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $11M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $38.4K |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $15M |
| TOTAL LIABILITIES | $19M |
| Common Stock | $2.5K |
| Additional Paid-In Capital | $11M |
| Retained Earnings | -$9M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $22M |
| Total Debt | $13M |
| Net Debt | $7M |
