| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $4M | $5M | -11.9% | -26.9% |
| Op. Income | -$2M | -$1M | $82.0K | -50.5% | -2536.6% |
| Gross Margin | -1.2% | 12.8% | 7.9% | -14.0pp | -9.1pp |
| Net Margin | -54.1% | -32.7% | 1.3% | -21.4pp | -55.5pp |
| EPS (Diluted) | $-0.26 | $-0.18 | $0.01 | -44.4% | -3123.3% |
| Free Cash Flow | -$603.0K | -$1M | $217.5K | 58.2% | -377.3% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $4M |
| GROSS PROFIT | -$42.2K |
| R&D Expenses | $0 |
| Selling & Marketing | $65.6K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $56.7K |
| Operating Expenses | $2M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$2M |
| Interest Income | -$1.3K |
| Interest Expense | $40.9K |
| Other Income/Expenses | $50.9K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | -$10.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $58.9K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $89.6K |
| Other Non-Cash Items | $421.8K |
| Change in Working Capital | $846.3K |
| OPERATING CASH FLOW | -$530.2K |
| Capital Expenditure | -$72.8K |
| Acquisitions (Net) | -$552.7K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$686.7K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $85.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $165.6K |
| NET CASH FROM FINANCING | $251.0K |
| FREE CASH FLOW | -$603.0K |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $10.3K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $418.9K |
| Long-Term Investments | $15.7K |
| Tax Assets | $0 |
| Other Non-Current Assets | $265.5K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $10M |
| Account Payables | $1M |
| Short-Term Debt | $609.9K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $614.7K |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $174.8K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $104.7K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $750 |
| Additional Paid-In Capital | $5M |
| Retained Earnings | -$3M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $0 |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $10M |
| Total Debt | $5M |
| Net Debt | $4M |
