| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25.6K | $22.9K | $19.4K | 11.7% | 32.3% |
| Op. Income | -$6M | -$5M | -$6M | -14.3% | 10.2% |
| Gross Margin | 86.5% | 91.2% | 100.0% | -4.7pp | -13.5pp |
| Net Margin | -22152.4% | -20495.8% | -31101.4% | -1656.6pp | 8949.0pp |
| EPS (Diluted) | $-0.05 | $-0.04 | $-0.05 | -19.5% | 9.6% |
| Free Cash Flow | -$4M | -$4M | -$5M | 11.8% | 20.6% |
| Item | Amount |
|---|---|
| REVENUE | $25.6K |
| Cost of Revenue | $3.5K |
| GROSS PROFIT | $22.1K |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$6M |
| Interest Income | $168.3K |
| Interest Expense | $0 |
| Other Income/Expenses | -$66.5K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $539.0K |
| EBIT | -$6M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $539.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $783.1K |
| Change in Working Capital | -$659.2K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$102.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$62.5K |
| NET CASH FROM INVESTING | -$102.8K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$144.3K |
| NET CASH FROM FINANCING | $934.5K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $0 |
| Net Receivables | $10.8K |
| Inventory | $0 |
| Other Current Assets | $638.9K |
| TOTAL CURRENT ASSETS | $23M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $32M |
| Account Payables | $468.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $14.9K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $4M |
| Common Stock | $126.5K |
| Additional Paid-In Capital | $190M |
| Retained Earnings | -$161M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$353.1K |
| TOTAL STOCKHOLDERS' EQUITY | $29M |
| Minority Interest | $0 |
| TOTAL EQUITY | $29M |
| TOTAL LIABILITIES & EQUITY | $32M |
| Total Debt | $3M |
| Net Debt | -$19M |
