| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | — | $2M | — | 20.8% |
| Op. Income | -$2M | — | -$807.2K | — | -122.5% |
| Gross Margin | 35.5% | — | 42.4% | — | -6.8pp |
| Net Margin | -90.9% | — | -44.5% | — | -46.4pp |
| EPS (Diluted) | $-1.05 | — | $-0.46 | — | -126.9% |
| Free Cash Flow | -$340.0K | — | -$2M | — | 85.0% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $683.9K |
| R&D Expenses | $2.7K |
| Selling & Marketing | $409.4K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$2M |
| Interest Income | $20.1K |
| Interest Expense | $0 |
| Other Income/Expenses | $20.8K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $27.1K |
| 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 | $16.5K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $501.4K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $436.1K |
| Change in Working Capital | $475.0K |
| OPERATING CASH FLOW | -$336.0K |
| Capital Expenditure | -$4.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$234.7K |
| NET CASH FROM INVESTING | -$238.7K |
| Net Debt Issuance | -$253.9K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$39.1K |
| NET CASH FROM FINANCING | -$292.9K |
| FREE CASH FLOW | -$340.0K |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $43.9K |
| Net Receivables | $49.7K |
| Inventory | $0 |
| Other Current Assets | $298.8K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $147.8K |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $28.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $6M |
| Account Payables | $0 |
| Short-Term Debt | $479.7K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $40.1K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $378.3K |
| TOTAL NON-CURRENT LIABILITIES | $418.5K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $498 |
| Additional Paid-In Capital | $6M |
| Retained Earnings | -$3M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8.3K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $6M |
| Total Debt | $628.6K |
| Net Debt | -$1M |
