| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $4M | $4M | -29.7% | -19.6% |
| Op. Income | -$1M | -$46.0K | -$141.8K | -2103.7% | -615.6% |
| Gross Margin | 29.0% | 40.0% | 39.5% | -11.0pp | -10.5pp |
| Net Margin | -19.8% | 6.0% | 2.6% | -25.7pp | -22.4pp |
| EPS (Diluted) | $-0.06 | $0.03 | $0.01 | -334.4% | -712.2% |
| Free Cash Flow | -$1M | $761.5K | -$314.3K | -240.8% | -241.2% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $830.8K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$1M |
| Interest Income | $202.5K |
| Interest Expense | $553 |
| Other Income/Expenses | $451.9K |
| INCOME BEFORE TAX | -$562.6K |
| Income Tax Expense | $2.8K |
| Net Income from Continuing Ops | -$565.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$565.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$565.4K |
| D&A | $77.1K |
| EBIT | -$562.1K |
| EBITDA | -$485.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$565.4K |
| Depreciation & Amortization | $77.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $269.0K |
| Change in Working Capital | -$541.5K |
| OPERATING CASH FLOW | -$760.8K |
| Capital Expenditure | -$311.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | $691.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $18.7K |
| NET CASH FROM FINANCING | $18.7K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$51.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $13M |
| Net Receivables | $1M |
| Inventory | $5M |
| Other Current Assets | $398.0K |
| TOTAL CURRENT ASSETS | $22M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $37M |
| Account Payables | $489.9K |
| Short-Term Debt | $0 |
| Deferred Revenue | $249.1K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $133.2K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $6M |
| Common Stock | $47.3K |
| Additional Paid-In Capital | $14M |
| Retained Earnings | $16M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $30M |
| Minority Interest | $0 |
| TOTAL EQUITY | $30M |
| TOTAL LIABILITIES & EQUITY | $37M |
| Total Debt | $2M |
| Net Debt | -$20.8K |
