| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | — | $6M | — | 12.7% |
| Op. Income | -$4M | — | -$2M | — | -58.3% |
| Gross Margin | 1.5% | — | 5.9% | — | -4.4pp |
| Net Margin | -39.3% | — | -62.5% | — | 23.3pp |
| EPS (Diluted) | $-196.97 | — | $-2146.18 | — | 90.8% |
| Free Cash Flow | -$2M | — | -$4M | — | 31.8% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $105.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$4M |
| Interest Income | $6.0K |
| Interest Expense | $21.0K |
| Other Income/Expenses | $739.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$94.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $464.0K |
| EBIT | -$4M |
| EBITDA | -$3M |
| EPS | -$197 |
| EPS Diluted | -$197 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $464.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$97.0K |
| Other Non-Cash Items | -$447.0K |
| Change in Working Capital | $413.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$6.0K |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $4M |
| Other Current Assets | $19.0K |
| TOTAL CURRENT ASSETS | $12M |
| PP&E (Net) | $4M |
| Goodwill | $1M |
| Intangible Assets | $6M |
| Long-Term Investments | $682.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $325.0K |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $23M |
| Account Payables | $863.0K |
| Short-Term Debt | $271.0K |
| Deferred Revenue | $513.0K |
| Other Current Liabilities | $101.0K |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $456.0K |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $0 |
| Additional Paid-In Capital | $27M |
| Retained Earnings | -$19M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8M |
| Minority Interest | $0 |
| TOTAL EQUITY | $8M |
| TOTAL LIABILITIES & EQUITY | $23M |
| Total Debt | $10M |
| Net Debt | $4M |
