| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | — | $8M | — | -35.0% |
| Op. Income | $183.0K | — | $2M | — | -91.6% |
| Gross Margin | 15.3% | — | 32.7% | — | -17.4pp |
| Net Margin | 2.2% | — | 28.5% | — | -26.3pp |
| EPS (Diluted) | $0.15 | — | $3.60 | — | -95.7% |
| Free Cash Flow | -$2M | — | $2M | — | -176.7% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $767.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $584.0K |
| Other Expenses | $0 |
| Operating Expenses | $584.0K |
| Cost & Expenses | $5M |
| OPERATING INCOME | $183.0K |
| Interest Income | $42.0K |
| Interest Expense | $7.0K |
| Other Income/Expenses | $59.0K |
| INCOME BEFORE TAX | $242.0K |
| Income Tax Expense | $134.0K |
| Net Income from Continuing Ops | $108.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108.0K |
| D&A | $614.0K |
| EBIT | $249.0K |
| EBITDA | $863.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $767.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $584.0K |
| Other Expenses | $0 |
| Operating Expenses | $584.0K |
| Cost & Expenses | $5M |
| OPERATING INCOME | $183.0K |
| Interest Income | $42.0K |
| Interest Expense | $7.0K |
| Other Income/Expenses | $59.0K |
| INCOME BEFORE TAX | $242.0K |
| Income Tax Expense | $134.0K |
| Net Income from Continuing Ops | $108.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108.0K |
| D&A | $614.0K |
| EBIT | $249.0K |
| EBITDA | $863.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $108.0K |
| Depreciation & Amortization | $614.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$15.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $138.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$281.0K |
| NET CASH FROM FINANCING | -$143.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$920.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $4M |
| Other Current Assets | $5.0K |
| TOTAL CURRENT ASSETS | $47M |
| PP&E (Net) | $26M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $723.0K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $27M |
| TOTAL ASSETS | $74M |
| Account Payables | $0 |
| Short-Term Debt | $140.0K |
| Deferred Revenue | $6.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $182.0K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $18.0K |
| Additional Paid-In Capital | $12M |
| Retained Earnings | $65M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | -$3M |
| TOTAL STOCKHOLDERS' EQUITY | $72M |
| Minority Interest | $0 |
| TOTAL EQUITY | $72M |
| TOTAL LIABILITIES & EQUITY | $74M |
| Total Debt | $340.0K |
| Net Debt | -$42M |
