| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $13M | $13M | -2.3% | -3.1% |
| Op. Income | -$440.7K | -$1M | -$7M | 56.3% | 93.7% |
| Gross Margin | 72.0% | 67.0% | 80.0% | 5.0pp | -8.0pp |
| Net Margin | 79.8% | -68.5% | -70.7% | 148.3pp | 150.4pp |
| EPS (Diluted) | $0.41 | $-0.36 | $-0.42 | 214.3% | 197.4% |
| Free Cash Flow | $245.5K | $74.5K | $2M | 229.4% | -89.2% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $9M |
| R&D Expenses | $2M |
| Selling & Marketing | $766.6K |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | $4M |
| Operating Expenses | $9M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$440.7K |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | -$29.2K |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $1M |
| EBIT | $11M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $370.5K |
| Deferred Income Tax | -$29.2K |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $682.5K |
| Capital Expenditure | -$437.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$730.8K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$419.5K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $20.5K |
| Common Stock Repurchased | -$773.2K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$752.7K |
| FREE CASH FLOW | $245.5K |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $22M |
| Net Receivables | $450.9K |
| Inventory | $0 |
| Other Current Assets | $49M |
| TOTAL CURRENT ASSETS | $77M |
| PP&E (Net) | $806.8K |
| Goodwill | $28M |
| Intangible Assets | $21M |
| Long-Term Investments | $7M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $57M |
| TOTAL ASSETS | $134M |
| Account Payables | $0 |
| Short-Term Debt | $36M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $49M |
| Long-Term Debt | $24M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $315.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $74M |
| Common Stock | $284M |
| Additional Paid-In Capital | $28M |
| Retained Earnings | -$251M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $60M |
| Minority Interest | $0 |
| TOTAL EQUITY | $60M |
| TOTAL LIABILITIES & EQUITY | $134M |
| Total Debt | $61M |
| Net Debt | $55M |
