| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $585.7K | — | $103.4K | — | 466.4% |
| Op. Income | -$571.6K | — | -$1M | — | 47.2% |
| Gross Margin | -50.0% | — | 35.3% | — | -85.3pp |
| Net Margin | 235.5% | — | 1275.1% | — | -1039.6pp |
| EPS (Diluted) | $0.13 | — | $0.17 | — | -23.5% |
| Free Cash Flow | $278.2K | — | -$4M | — | 106.8% |
| Item | Amount |
|---|---|
| REVENUE | $585.7K |
| Cost of Revenue | $878.5K |
| GROSS PROFIT | -$292.8K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $278.8K |
| Other Expenses | $0 |
| Operating Expenses | $278.8K |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$571.6K |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $449.3K |
| EBIT | $1M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $449.3K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $865.9K |
| OPERATING CASH FLOW | $286.3K |
| Capital Expenditure | -$8.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$28M |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $70.9K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $278.2K |
| Net Change in Cash | $373.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $15M |
| Net Receivables | $74.3K |
| Inventory | $0 |
| Other Current Assets | $247.7K |
| TOTAL CURRENT ASSETS | $32M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $38M |
| Account Payables | $60.5K |
| Short-Term Debt | $987.8K |
| Deferred Revenue | $204.0K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $206.5K |
| Additional Paid-In Capital | $51M |
| Retained Earnings | -$21M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$113.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $30M |
| Minority Interest | -$180.0K |
| TOTAL EQUITY | $30M |
| TOTAL LIABILITIES & EQUITY | $38M |
| Total Debt | $3M |
| Net Debt | -$13M |
