| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | — | $2M | — | 17.3% |
| Op. Income | -$3M | — | -$998.1K | — | -197.7% |
| Gross Margin | 29.1% | — | 26.9% | — | 2.2pp |
| Net Margin | -139.8% | — | -64.1% | — | -75.7pp |
| EPS (Diluted) | $-0.46 | — | $-0.20 | — | -125.9% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $560.1K |
| R&D Expenses | $367.7K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $10.0K |
| Other Income/Expenses | $159.8K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$121.6K |
| 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 | $120.6K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $197.3K |
| Inventory | $0 |
| Other Current Assets | $192.6K |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $14.2K |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $785.1K |
| Tax Assets | $126.4K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $9M |
| Account Payables | $272.1K |
| Short-Term Debt | $142.4K |
| Deferred Revenue | $590.7K |
| Other Current Liabilities | $255.8K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $153.2K |
| Deferred Revenue NC | $51.5K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $204.7K |
| TOTAL LIABILITIES | $1M |
| Common Stock | $24.6K |
| Additional Paid-In Capital | $18M |
| Retained Earnings | -$10M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$461.1K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $9M |
| Total Debt | $295.7K |
| Net Debt | -$4M |
