| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | — | $32.4K | — | 10715.2% |
| Op. Income | -$2M | — | -$6.2K | — | -26434.3% |
| Gross Margin | 76.4% | — | 14.8% | — | 61.6pp |
| Net Margin | -88.2% | — | -18.7% | — | -69.4pp |
| EPS (Diluted) | $-0.09 | — | $-0.00 | — | -14966.7% |
| Free Cash Flow | $0 | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $826.3K |
| GROSS PROFIT | $3M |
| R&D Expenses | $274.4K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $340.4K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $137.0K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $137.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$3.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3.3K |
| FREE CASH FLOW | $0 |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $328.1K |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $1M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $19M |
| PP&E (Net) | $566.8K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $566.8K |
| TOTAL ASSETS | $20M |
| Account Payables | $324.1K |
| Short-Term Debt | $8M |
| Deferred Revenue | $208.5K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $734.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $13M |
| Common Stock | $9.4K |
| Additional Paid-In Capital | $9M |
| Retained Earnings | -$1M |
| Treasury Stock | -$500 |
| Accum. Other Comp. Income | -$157.3K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $20M |
| Total Debt | $9M |
| Net Debt | $9M |
