| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $48M | $45M | $46M | 6.5% | 2.6% |
| Op. Income | -$7M | -$6M | -$6M | -18.3% | -30.0% |
| Gross Margin | 20.4% | 20.9% | 21.1% | -0.5pp | -0.7pp |
| Net Margin | 0.7% | -19.9% | -28.0% | 20.5pp | 28.7pp |
| EPS (Diluted) | $0.01 | $-0.24 | $-0.34 | 104.2% | 102.9% |
| Free Cash Flow | -$37M | -$5M | -$2M | -649.6% | -1640.1% |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $10M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $9M |
| Other Expenses | $846.0K |
| Operating Expenses | $17M |
| Cost & Expenses | $55M |
| OPERATING INCOME | -$7M |
| Interest Income | $1M |
| Interest Expense | $402.0K |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | -$8M |
| Other Adjustments | $0 |
| NET INCOME | $323.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $323.0K |
| D&A | $3M |
| EBIT | $5M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $323.0K |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $462.0K |
| Deferred Income Tax | -$234.0K |
| Other Non-Cash Items | -$20M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$25M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$37M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $113M |
| Short-Term Investments | $0 |
| Net Receivables | $37M |
| Inventory | $38M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $199M |
| PP&E (Net) | $97M |
| Goodwill | $0 |
| Intangible Assets | $500.0K |
| Long-Term Investments | $0 |
| Tax Assets | $57M |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $171M |
| TOTAL ASSETS | $371M |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $43M |
| Long-Term Debt | $37M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $57M |
| TOTAL LIABILITIES | $100M |
| Common Stock | $575.0K |
| Additional Paid-In Capital | $281M |
| Retained Earnings | $236M |
| Treasury Stock | -$229M |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $270M |
| Minority Interest | $0 |
| TOTAL EQUITY | $270M |
| TOTAL LIABILITIES & EQUITY | $371M |
| Total Debt | $39M |
| Net Debt | -$74M |
