| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $35M | $35M | $28M | -0.1% | 24.0% |
| Op. Income | $2M | $2M | $2M | 7.7% | 5.5% |
| Gross Margin | 24.9% | 26.1% | 24.2% | -1.1pp | 0.7pp |
| Net Margin | 3.6% | 3.5% | 4.0% | 0.1pp | -0.4pp |
| EPS (Diluted) | $0.03 | $0.03 | $0.03 | 2.2% | 10.7% |
| Free Cash Flow | -$2M | $5M | -$4M | -140.0% | 45.4% |
| Item | Amount |
|---|---|
| REVENUE | $35M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $9M |
| R&D Expenses | $55.0K |
| Selling & Marketing | $709.0K |
| General & Administrative | $6M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $2M |
| Interest Income | $25.0K |
| Interest Expense | $80.0K |
| Other Income/Expenses | -$55.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $368.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $1M |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $35M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $9M |
| R&D Expenses | $55.0K |
| Selling & Marketing | $709.0K |
| General & Administrative | $6M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $2M |
| Interest Income | $25.0K |
| Interest Expense | $80.0K |
| Other Income/Expenses | -$55.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $368.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $1M |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $335.0K |
| Deferred Income Tax | -$47.0K |
| Other Non-Cash Items | $3.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$514.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$514.0K |
| Net Debt Issuance | -$479.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$442.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $6M |
| Other Current Assets | $881.0K |
| TOTAL CURRENT ASSETS | $23M |
| PP&E (Net) | $16M |
| Goodwill | $9M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $516.0K |
| Other Non-Current Assets | $95.0K |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $51M |
| Account Payables | $8M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $451.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $22M |
| Common Stock | $0 |
| Additional Paid-In Capital | $27M |
| Retained Earnings | $3M |
| Treasury Stock | -$150.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $30M |
| Minority Interest | $0 |
| TOTAL EQUITY | $30M |
| TOTAL LIABILITIES & EQUITY | $51M |
| Total Debt | $11M |
| Net Debt | $1M |
