| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52M | $55M | $49M | -4.2% | 5.7% |
| Op. Income | $135.0K | $968.0K | -$667.0K | -86.1% | 120.2% |
| Gross Margin | 30.7% | 31.0% | 31.0% | -0.3pp | -0.2pp |
| Net Margin | -0.2% | 3.5% | -1.5% | -3.7pp | 1.3pp |
| EPS (Diluted) | $-0.01 | $0.13 | $-0.05 | -107.7% | 79.2% |
| Free Cash Flow | -$2M | $342.0K | $5M | -598.5% | -134.5% |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $135.0K |
| Interest Income | $145.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$331.0K |
| INCOME BEFORE TAX | -$196.0K |
| Income Tax Expense | -$75.0K |
| Net Income from Continuing Ops | -$121.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$121.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$121.0K |
| D&A | $937.0K |
| EBIT | -$196.0K |
| EBITDA | $741.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$121.0K |
| Depreciation & Amortization | $937.0K |
| Stock-Based Compensation | $325.0K |
| Deferred Income Tax | -$13.0K |
| Other Non-Cash Items | $427.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$99.0K |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$859.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$706.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $0 |
| Net Receivables | $27M |
| Inventory | $105M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $172M |
| PP&E (Net) | $21M |
| Goodwill | $0 |
| Intangible Assets | $314.0K |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $360.0K |
| TOTAL NON-CURRENT ASSETS | $30M |
| TOTAL ASSETS | $202M |
| Account Payables | $24M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $577.0K |
| TOTAL CURRENT LIABILITIES | $41M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $82.0K |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $43M |
| Common Stock | $725.0K |
| Additional Paid-In Capital | $76M |
| Retained Earnings | $79M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $158M |
| Minority Interest | $0 |
| TOTAL EQUITY | $158M |
| TOTAL LIABILITIES & EQUITY | $202M |
| Total Debt | $2M |
| Net Debt | -$31M |
