| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $165.3K | $501.7K | 1156.0% | 313.7% |
| Op. Income | -$6M | -$6M | -$6M | -8.7% | -6.0% |
| Gross Margin | -68.8% | -649.7% | -473.1% | 580.9pp | 404.3pp |
| Net Margin | -359.1% | -4579.1% | 905.1% | 4219.9pp | -1264.2pp |
| EPS (Diluted) | $-18.48 | $-19.84 | $-198.00 | 6.9% | 90.7% |
| Free Cash Flow | -$7M | -$7M | -$8M | -9.8% | 12.6% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $4M |
| GROSS PROFIT | -$1M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $574.6K |
| Operating Expenses | $5M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $574.6K |
| EBIT | -$6M |
| EBITDA | -$6M |
| EPS | -$18 |
| EPS Diluted | -$18 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $574.6K |
| Stock-Based Compensation | $257.3K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $314.6K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | $749 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $750 |
| NET CASH FROM INVESTING | $250 |
| Net Debt Issuance | -$34.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$19M |
| NET CASH FROM FINANCING | -$34.6K |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $913.3K |
| Other Current Assets | $660.5K |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $23M |
| Goodwill | $11M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $123.5K |
| TOTAL NON-CURRENT ASSETS | $34M |
| TOTAL ASSETS | $42M |
| Account Payables | $6M |
| Short-Term Debt | $2M |
| Deferred Revenue | $343.5K |
| Other Current Liabilities | $787.4K |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $28M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $29M |
| TOTAL LIABILITIES | $48M |
| Common Stock | $3.7K |
| Additional Paid-In Capital | $263M |
| Retained Earnings | -$269M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$42.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$6M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$6M |
| TOTAL LIABILITIES & EQUITY | $42M |
| Total Debt | $31M |
| Net Debt | $28M |
