| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $3M | 13.4% | 13.2% |
| Op. Income | -$258.0K | -$328.0K | -$326.0K | 21.3% | 20.9% |
| Gross Margin | 70.9% | 70.5% | 70.1% | 0.4pp | 0.9pp |
| Net Margin | -7.6% | -11.0% | -10.9% | 3.4pp | 3.3pp |
| EPS (Diluted) | $-0.05 | $-0.07 | $-0.07 | 21.4% | 24.6% |
| Free Cash Flow | $616.0K | -$3M | -$2M | 122.6% | 135.2% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $987.0K |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $39.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $826.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$258.0K |
| Interest Income | $3M |
| Interest Expense | $930.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$258.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$258.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$258.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$258.0K |
| D&A | $77.0K |
| EBIT | -$258.0K |
| EBITDA | -$181.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$258.0K |
| Depreciation & Amortization | $77.0K |
| Stock-Based Compensation | $238.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$433.0K |
| OPERATING CASH FLOW | $655.0K |
| Capital Expenditure | -$39.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$108.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $616.0K |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $958.0K |
| Net Receivables | $851.0K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $51M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $206M |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $225M |
| TOTAL ASSETS | $276M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $168M |
| TOTAL CURRENT LIABILITIES | $168M |
| Long-Term Debt | $27M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $30M |
| TOTAL LIABILITIES | $198M |
| Common Stock | $56.0K |
| Additional Paid-In Capital | $52M |
| Retained Earnings | $40M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | -$4M |
| TOTAL STOCKHOLDERS' EQUITY | $78M |
| Minority Interest | $0 |
| TOTAL EQUITY | $78M |
| TOTAL LIABILITIES & EQUITY | $276M |
| Total Debt | $27M |
| Net Debt | -$22M |
