| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $312.6K | $186.9K | — | 67.2% | — |
| Op. Income | -$229.1K | -$286.3K | — | 20.0% | — |
| Gross Margin | 69.7% | 5.6% | — | 64.1pp | — |
| Net Margin | -199.2% | -155.8% | — | -43.4pp | — |
| EPS (Diluted) | $-0.04 | $-0.02 | — | -79.5% | — |
| Free Cash Flow | $6.4K | $47.6K | — | -86.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $312.6K |
| Cost of Revenue | $94.7K |
| GROSS PROFIT | $217.9K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $504.6K |
| SG&A Expenses | $504.6K |
| Other Expenses | -$57.5K |
| Operating Expenses | $447.0K |
| Cost & Expenses | $541.7K |
| OPERATING INCOME | -$229.1K |
| Interest Income | $0 |
| Interest Expense | $7.5K |
| Other Income/Expenses | -$393.7K |
| INCOME BEFORE TAX | -$622.8K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$622.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$622.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$622.8K |
| D&A | $0 |
| EBIT | -$615.2K |
| EBITDA | -$615.2K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$622.8K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $323.4K |
| Change in Working Capital | $305.8K |
| OPERATING CASH FLOW | $6.4K |
| 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 | $156.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$207.6K |
| NET CASH FROM FINANCING | $152.8K |
| FREE CASH FLOW | $6.4K |
| Net Change in Cash | $159.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $186.1K |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $195.2K |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $9M |
| Account Payables | $1M |
| Short-Term Debt | $532.9K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $203.8K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $164.1K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $623.1K |
| TOTAL NON-CURRENT LIABILITIES | $787.2K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $15 |
| Additional Paid-In Capital | $8M |
| Retained Earnings | -$2M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $9M |
| Total Debt | $697.0K |
| Net Debt | $510.9K |
