| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $422.0K | $197.0K | $0 | 114.2% | — |
| Op. Income | -$3M | -$3M | -$3M | 13.9% | 11.7% |
| Gross Margin | 64.0% | 52.3% | — | 11.7pp | — |
| Net Margin | -686.0% | -1228.4% | — | 542.4pp | — |
| EPS (Diluted) | $-0.08 | $-0.08 | $-0.10 | -2.7% | 20.2% |
| Free Cash Flow | -$2M | -$3M | -$2M | 32.0% | -0.2% |
| Item | Amount |
|---|---|
| REVENUE | $422.0K |
| Cost of Revenue | $152.0K |
| GROSS PROFIT | $270.0K |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$3M |
| Interest Income | $133.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$217.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| 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 | $1.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $1.0K |
| Stock-Based Compensation | $345.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $370.0K |
| Change in Working Capital | -$123.0K |
| 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 | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $34.0K |
| NET CASH FROM FINANCING | $34.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $363.0K |
| Inventory | $0 |
| Other Current Assets | $288.0K |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $248.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $248.0K |
| TOTAL ASSETS | $14M |
| Account Payables | $671.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $3M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $66M |
| Retained Earnings | -$56M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $0 |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $260.0K |
| Net Debt | -$12M |
