| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | — | $4M | — | -28.4% |
| Op. Income | -$680.1K | — | -$2M | — | 59.6% |
| Gross Margin | 3.3% | — | 14.8% | — | -11.5pp |
| Net Margin | -21.7% | — | -38.7% | — | 17.0pp |
| EPS (Diluted) | $-0.40 | — | $-0.38 | — | -5.3% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $101.5K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $781.6K |
| Other Expenses | $0 |
| Operating Expenses | $781.6K |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$680.1K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $14.6K |
| INCOME BEFORE TAX | -$665.5K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$665.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$665.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$665.5K |
| D&A | $97.9K |
| EBIT | -$680.1K |
| EBITDA | -$582.2K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $275.3K |
| Inventory | $88.3K |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $160.7K |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $8M |
| Account Payables | $768.6K |
| Short-Term Debt | $74.2K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $349.2K |
| 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 | $21.5K |
| TOTAL LIABILITIES | $1M |
| Common Stock | $433 |
| Additional Paid-In Capital | $29M |
| Retained Earnings | -$23M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $417.8K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $8M |
| Total Debt | $95.7K |
| Net Debt | -$3M |
