| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | — | $2M | — | -25.1% |
| Op. Income | -$3M | — | -$2M | — | -17.0% |
| Gross Margin | 55.0% | — | 55.6% | — | -0.6pp |
| Net Margin | -4.7% | — | -91.6% | — | 86.9pp |
| EPS (Diluted) | $0.00 | — | $-0.31 | — | 100.0% |
| Free Cash Flow | -$2M | — | -$1M | — | -33.2% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $653.4K |
| GROSS PROFIT | $797.2K |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$3M |
| Interest Income | $108.1K |
| Interest Expense | $90.3K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$45.6K |
| Income Tax Expense | $23.1K |
| Net Income from Continuing Ops | -$68.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$68.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$68.7K |
| D&A | $124.4K |
| EBIT | $44.6K |
| EBITDA | $169.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | -$68.7K |
| Depreciation & Amortization | $124.4K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$13.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$13.6K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$124.0K |
| NET CASH FROM FINANCING | -$164.2K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $663.0K |
| Inventory | $971.5K |
| Other Current Assets | $103.7K |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $611.2K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $611.2K |
| TOTAL ASSETS | $9M |
| Account Payables | $185.5K |
| Short-Term Debt | $205.4K |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$205.4K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $14.6K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $4M |
| Common Stock | $35M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$30M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $236.6K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5M |
| Minority Interest | $0 |
| TOTAL EQUITY | $5M |
| TOTAL LIABILITIES & EQUITY | $9M |
| Total Debt | $525.0K |
| Net Debt | -$6M |
