| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $135.0K | $135.0K | — | 0.0% | — |
| Op. Income | -$4M | -$2M | — | -96.6% | — |
| Gross Margin | -416.7% | -323.9% | — | -92.8pp | — |
| Net Margin | -10998.5% | 1660.4% | — | -12658.9pp | — |
| EPS (Diluted) | $-0.48 | $0.02 | — | -2940.2% | — |
| Free Cash Flow | -$2M | -$2M | — | -1.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $135.0K |
| Cost of Revenue | $697.6K |
| GROSS PROFIT | -$562.6K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$4M |
| Interest Income | $45.3K |
| Interest Expense | $1M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$15M |
| D&A | $18.2K |
| EBIT | -$16M |
| EBITDA | -$16M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$15M |
| Depreciation & Amortization | $18.2K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $225.6K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $2 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$155.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$135.0K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $67.3K |
| Inventory | $0 |
| Other Current Assets | $163.6K |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $495.3K |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $10M |
| Tax Assets | $0 |
| Other Non-Current Assets | $34.3K |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $17M |
| Account Payables | $693.0K |
| Short-Term Debt | $21M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $31M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $352.2K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $68M |
| TOTAL NON-CURRENT LIABILITIES | $76M |
| TOTAL LIABILITIES | $107M |
| Common Stock | $3.2K |
| Additional Paid-In Capital | $240M |
| Retained Earnings | -$293M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$53M |
| Minority Interest | -$37M |
| TOTAL EQUITY | -$90M |
| TOTAL LIABILITIES & EQUITY | $17M |
| Total Debt | $28M |
| Net Debt | $25M |
