| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $828.0K | $976.0K | 40.5% | 19.2% |
| Op. Income | -$11M | -$12M | -$11M | 8.8% | -1.7% |
| Gross Margin | -53.5% | -87.3% | -65.4% | 33.8pp | 11.9pp |
| Net Margin | -381.7% | -3249.8% | -1127.6% | 2868.1pp | 745.9pp |
| EPS (Diluted) | $-0.08 | $-0.52 | $-0.23 | 84.7% | 65.3% |
| Free Cash Flow | -$11M | -$13M | -$11M | 15.8% | 7.9% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $2M |
| GROSS PROFIT | -$622.0K |
| R&D Expenses | $1M |
| Selling & Marketing | $4.0B |
| General & Administrative | $5.6B |
| SG&A Expenses | $9.6B |
| Other Expenses | -$9.6B |
| Operating Expenses | $11M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$11M |
| Interest Income | $110.0K |
| Interest Expense | $6.0K |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| 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 | -$8M |
| D&A | $222.0K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $222.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$709.0K |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$25.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$25.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10.0K |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $0 |
| Net Receivables | $373.0K |
| Inventory | $981.0K |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $34M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $526.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $39M |
| Account Payables | $833.0K |
| Short-Term Debt | $25M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $31M |
| Common Stock | $102.0K |
| Additional Paid-In Capital | $201M |
| Retained Earnings | -$248M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8M |
| Minority Interest | $0 |
| TOTAL EQUITY | $8M |
| TOTAL LIABILITIES & EQUITY | $39M |
| Total Debt | $28M |
| Net Debt | -$4M |
