| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $1M | $133.1K | 863.9% | 10016.5% |
| Op. Income | -$3M | -$5M | -$983.0K | 42.9% | -177.4% |
| Gross Margin | 0.8% | 9.7% | 100.0% | -8.8pp | -99.2pp |
| Net Margin | -30.9% | -326.3% | -762.6% | 295.4pp | 731.6pp |
| EPS (Diluted) | $-0.22 | $-0.30 | $-0.02 | 25.6% | -828.3% |
| Free Cash Flow | -$1M | -$2M | -$554.6K | 46.8% | -114.8% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $113.8K |
| R&D Expenses | $24.6K |
| Selling & Marketing | $11.7K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $558.4K |
| Operating Expenses | $3M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $36.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $561.1K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $561.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$71.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | $5 |
| 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 | $2M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $649.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $943.4K |
| Short-Term Investments | $98.5K |
| Net Receivables | $432.8K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $479 |
| Goodwill | $2M |
| Intangible Assets | $9M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $13M |
| Account Payables | $2M |
| Short-Term Debt | $1M |
| Deferred Revenue | $95.5K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $7M |
| Common Stock | $2.1K |
| Additional Paid-In Capital | $114M |
| Retained Earnings | -$108M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $132 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $173.2K |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $13M |
| Total Debt | $1M |
| Net Debt | $255.2K |
