| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | — | $35M | — | 5.1% |
| Op. Income | -$2M | — | -$1M | — | -98.1% |
| Gross Margin | 18.9% | — | 11.8% | — | 7.1pp |
| Net Margin | -3.2% | — | 0.6% | — | -3.8pp |
| EPS (Diluted) | $-0.03 | — | $0.01 | — | -565.2% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $39M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $421.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$3.0K |
| 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 | $0 |
| EBIT | -$924.0K |
| EBITDA | -$924.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $18M |
| Inventory | $61.0K |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $30M |
| PP&E (Net) | $13M |
| Goodwill | $715.0K |
| Intangible Assets | $17.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $44M |
| Account Payables | $9M |
| Short-Term Debt | $12M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$2M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $305.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $28M |
| Common Stock | $24M |
| Additional Paid-In Capital | $924.0K |
| Retained Earnings | -$10M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16M |
| Minority Interest | -$90.0K |
| TOTAL EQUITY | $16M |
| TOTAL LIABILITIES & EQUITY | $44M |
| Total Debt | $21M |
| Net Debt | $12M |
