| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $894.1K | $895.7K | $611.5K | -0.2% | 46.2% |
| Op. Income | -$2M | -$2M | -$2M | 25.2% | 22.2% |
| Gross Margin | 83.6% | 84.4% | 88.0% | -0.8pp | -4.4pp |
| Net Margin | -189.1% | -254.4% | -477.1% | 65.3pp | 288.1pp |
| EPS (Diluted) | $-0.22 | $-0.33 | $-0.42 | 33.3% | 47.6% |
| Free Cash Flow | -$1M | -$2M | -$2M | 9.1% | 9.2% |
| Item | Amount |
|---|---|
| REVENUE | $894.1K |
| Cost of Revenue | $146.6K |
| GROSS PROFIT | $747.4K |
| R&D Expenses | $58.3K |
| Selling & Marketing | $142.3K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $13.4K |
| Other Income/Expenses | $27.4K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $12.9K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $12.9K |
| Stock-Based Compensation | $173.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $26.8K |
| Change in Working Capital | $10.2K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$7.3K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7.3K |
| Net Debt Issuance | -$85.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $128.5K |
| Inventory | $131.4K |
| Other Current Assets | $370.3K |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $741.5K |
| Goodwill | $0 |
| Intangible Assets | $91.3K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$363.5K |
| TOTAL NON-CURRENT ASSETS | $469.3K |
| TOTAL ASSETS | $7M |
| Account Payables | $464.5K |
| Short-Term Debt | $190.6K |
| Deferred Revenue | $31.9K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $267.5K |
| TOTAL NON-CURRENT LIABILITIES | $487.4K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $9.9K |
| Additional Paid-In Capital | $65M |
| Retained Earnings | -$61M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $7M |
| Total Debt | $479.6K |
| Net Debt | -$6M |
