| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $11M | $13M | 0.0% | -15.4% |
| Op. Income | -$915.4K | -$915.4K | $332.2K | 0.0% | -375.6% |
| Gross Margin | 3.7% | 3.7% | 9.8% | 0.0pp | -6.1pp |
| Net Margin | -8.7% | -8.7% | 2.1% | 0.0pp | -10.8pp |
| EPS (Diluted) | $-0.04 | $-0.04 | $0.11 | 0.0% | -142.3% |
| Free Cash Flow | $0 | $0 | $191.2K | — | -100.0% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $391.6K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $12M |
| OPERATING INCOME | -$915.4K |
| Interest Income | $0 |
| Interest Expense | $6.9K |
| Other Income/Expenses | -$17.8K |
| INCOME BEFORE TAX | -$933.1K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$933.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$933.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$933.1K |
| D&A | $54.3K |
| EBIT | -$915.4K |
| EBITDA | -$861.1K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$933.1K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $933.1K |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $288.5K |
| Short-Term Investments | $3M |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $674.8K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $22.2K |
| Other Non-Current Assets | $150.4K |
| TOTAL NON-CURRENT ASSETS | $847.4K |
| TOTAL ASSETS | $14M |
| Account Payables | $4M |
| Short-Term Debt | $659.2K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $802.0K |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $424.4K |
| TOTAL LIABILITIES | $6M |
| Common Stock | $0 |
| Additional Paid-In Capital | $4M |
| Retained Earnings | $4M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8M |
| Minority Interest | $0 |
| TOTAL EQUITY | $8M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $1M |
| Net Debt | $1M |
