| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $155.0K | $137.0K | $227.0K | 13.1% | -31.7% |
| Op. Income | -$2M | -$2M | -$2M | 7.2% | 15.9% |
| Gross Margin | -155.5% | -163.5% | -44.9% | 8.0pp | -110.5pp |
| Net Margin | 1923.9% | -1388.3% | -1581.1% | 3312.2pp | 3504.9pp |
| EPS (Diluted) | $0.08 | $-0.06 | $-0.15 | 239.1% | 151.7% |
| Free Cash Flow | -$2M | -$2M | -$2M | -17.1% | -51.8% |
| Item | Amount |
|---|---|
| REVENUE | $155.0K |
| Cost of Revenue | $396.0K |
| GROSS PROFIT | -$241.0K |
| R&D Expenses | $382.0K |
| Selling & Marketing | $257.0K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $22.0K |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $34.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $34.0K |
| Stock-Based Compensation | $197.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$440.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$3.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$667.0K |
| NET CASH FROM INVESTING | -$670.0K |
| Net Debt Issuance | -$262.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$22.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $122.0K |
| Short-Term Investments | $2M |
| Net Receivables | $254.0K |
| Inventory | $0 |
| Other Current Assets | $293.0K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $70.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $70.0K |
| TOTAL ASSETS | $2M |
| Account Payables | $0 |
| Short-Term Debt | $400.0K |
| Deferred Revenue | $512.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18.0K |
| TOTAL NON-CURRENT LIABILITIES | $18.0K |
| TOTAL LIABILITIES | $6M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $97M |
| Retained Earnings | -$100M |
| Treasury Stock | -$529.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$4M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$4M |
| TOTAL LIABILITIES & EQUITY | $2M |
| Total Debt | $400.0K |
| Net Debt | $278.0K |
