| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $238.5K | $927.6K | 428.7% | 35.9% |
| Op. Income | -$5M | -$6M | -$4M | 12.9% | -35.7% |
| Gross Margin | -81.5% | -682.8% | -90.7% | 601.4pp | 9.2pp |
| Net Margin | -446.1% | -2689.6% | -445.9% | 2243.6pp | -0.2pp |
| EPS (Diluted) | $-0.31 | $-0.35 | $-0.99 | 11.4% | 68.7% |
| Free Cash Flow | -$6M | -$6M | -$4M | 2.8% | -50.7% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $2M |
| GROSS PROFIT | -$1M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $7M |
| OPERATING INCOME | -$5M |
| Interest Income | $28.0K |
| Interest Expense | $2.5K |
| Other Income/Expenses | -$334.7K |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $1M |
| EBIT | -$6M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $184.4K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$20.2K |
| Change in Working Capital | -$309.6K |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $370.1K |
| Other Current Assets | $116.6K |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $18M |
| Goodwill | $0 |
| Intangible Assets | $398.1K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $85.2K |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $30M |
| Account Payables | $4M |
| Short-Term Debt | $8M |
| Deferred Revenue | $107.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $575.6K |
| TOTAL LIABILITIES | $15M |
| Common Stock | $1.8K |
| Additional Paid-In Capital | $87M |
| Retained Earnings | -$72M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14M |
| Minority Interest | $0 |
| TOTAL EQUITY | $14M |
| TOTAL LIABILITIES & EQUITY | $30M |
| Total Debt | $9M |
| Net Debt | $5M |
