| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17.0K | $38.0K | $24.0K | -55.3% | -29.2% |
| Op. Income | -$9M | -$9M | -$9M | -0.8% | -0.7% |
| Gross Margin | -141.2% | -5.3% | 16.7% | -135.9pp | -157.8pp |
| Net Margin | -47329.4% | -21544.7% | -34595.8% | -25784.7pp | -12733.6pp |
| EPS (Diluted) | $-0.16 | $-0.20 | $-0.25 | 20.0% | 36.0% |
| Free Cash Flow | -$6M | -$8M | -$6M | 23.8% | 3.0% |
| Item | Amount |
|---|---|
| REVENUE | $17.0K |
| Cost of Revenue | $41.0K |
| GROSS PROFIT | -$24.0K |
| R&D Expenses | $3M |
| Selling & Marketing | $2M |
| General & Administrative | $4M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$9M |
| Interest Income | $1M |
| Interest Expense | $2.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $237.0K |
| EBIT | -$8M |
| EBITDA | -$8M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $237.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $176.0K |
| Change in Working Capital | $816.0K |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$281.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $21M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | -$58.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $76.0K |
| NET CASH FROM FINANCING | $18.0K |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$214.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $35M |
| Net Receivables | $17.0K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $41M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $968.0K |
| Long-Term Investments | $68M |
| Tax Assets | $0 |
| Other Non-Current Assets | $122.0K |
| TOTAL NON-CURRENT ASSETS | $71M |
| TOTAL ASSETS | $112M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $24M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $384M |
| Retained Earnings | -$296M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $145.0K |
| Other Equity | $1 |
| TOTAL STOCKHOLDERS' EQUITY | $88M |
| Minority Interest | $0 |
| TOTAL EQUITY | $88M |
| TOTAL LIABILITIES & EQUITY | $112M |
| Total Debt | $351.0K |
| Net Debt | -$5M |
