| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $377.0K | $325.1K | — | 16.0% | — |
| Op. Income | -$3M | -$1M | — | -124.8% | — |
| Gross Margin | -5.6% | 3.6% | — | -9.2pp | — |
| Net Margin | -683.4% | -440.7% | — | -242.8pp | — |
| EPS (Diluted) | $-0.14 | $-0.12 | — | -16.7% | — |
| Free Cash Flow | -$384.7K | -$1M | — | 71.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $377.0K |
| Cost of Revenue | $398.3K |
| GROSS PROFIT | -$21.3K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $1M |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $43.5K |
| Other Income/Expenses | -$106.2K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$127.6K |
| 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 | $2M |
| EBIT | -$3M |
| EBITDA | -$876.1K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $489.3K |
| Deferred Income Tax | $201.8K |
| Other Non-Cash Items | -$590.9K |
| Change in Working Capital | $311.4K |
| OPERATING CASH FLOW | -$380.3K |
| Capital Expenditure | -$4.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $93.1K |
| NET CASH FROM INVESTING | $88.7K |
| Net Debt Issuance | -$175.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$175.3K |
| FREE CASH FLOW | -$384.7K |
| Net Change in Cash | -$438.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $301.9K |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $7M |
| Goodwill | $18M |
| Intangible Assets | $253.8K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $75.0K |
| TOTAL NON-CURRENT ASSETS | $25M |
| TOTAL ASSETS | $30M |
| Account Payables | $134.8K |
| Short-Term Debt | $5.7K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $57.2K |
| TOTAL CURRENT LIABILITIES | $890.9K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $3M |
| Common Stock | $107 |
| Additional Paid-In Capital | $34M |
| Retained Earnings | -$8M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $76.1K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26M |
| Minority Interest | $65.1K |
| TOTAL EQUITY | $26M |
| TOTAL LIABILITIES & EQUITY | $30M |
| Total Debt | $3M |
| Net Debt | $754.9K |
