| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $1M | $813.0K | 70.9% | 154.4% |
| Op. Income | -$2M | -$2M | -$1M | 23.5% | -25.4% |
| Gross Margin | 67.6% | 70.4% | 60.1% | -2.8pp | 7.5pp |
| Net Margin | -73.5% | -43.4% | -142.1% | -30.1pp | 68.6pp |
| EPS (Diluted) | $-33.71 | $-7.97 | $-23.74 | -323.0% | -42.0% |
| Free Cash Flow | -$1M | -$2M | -$1M | 19.0% | -6.0% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $669.0K |
| GROSS PROFIT | $1M |
| R&D Expenses | $143.0K |
| Selling & Marketing | $712.0K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$2M |
| Interest Income | $29.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$13.0K |
| 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 | $92.0K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$34 |
| EPS Diluted | -$34 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $92.0K |
| Stock-Based Compensation | $42.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $86.0K |
| Change in Working Capital | $87.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$160.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$160.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$500.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7.0K |
| NET CASH FROM FINANCING | -$493.0K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $162.0K |
| Inventory | $1M |
| Other Current Assets | $305.0K |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $969.0K |
| Goodwill | $0 |
| Intangible Assets | $42.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.0K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $7M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $889.0K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.0K |
| TOTAL NON-CURRENT LIABILITIES | $69.0K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $45.0K |
| Additional Paid-In Capital | $29M |
| Retained Earnings | -$24M |
| Treasury Stock | -$500.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4M |
| Minority Interest | $0 |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $7M |
| Total Debt | $102.0K |
| Net Debt | -$4M |
