| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $29M | $20M | -51.9% | -29.3% |
| Op. Income | -$6M | $10M | $6M | -155.6% | -204.5% |
| Gross Margin | 0.6% | 57.2% | 46.5% | -56.6pp | -45.8pp |
| Net Margin | -33.9% | 30.0% | 20.5% | -63.9pp | -54.4pp |
| EPS (Diluted) | $-0.12 | $0.22 | $0.10 | -154.5% | -220.0% |
| Free Cash Flow | $532.0K | -$35M | $18M | 101.5% | -97.1% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $86.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $218.0K |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $922.0K |
| Operating Expenses | $6M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $98.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $629.0K |
| EBIT | -$6M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $629.0K |
| Stock-Based Compensation | $435.0K |
| Deferred Income Tax | -$279.0K |
| Other Non-Cash Items | -$22M |
| Change in Working Capital | $26M |
| OPERATING CASH FLOW | $631.0K |
| Capital Expenditure | -$99.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$21.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$21.0K |
| FREE CASH FLOW | $532.0K |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $258M |
| Net Receivables | $92M |
| Inventory | $0 |
| Other Current Assets | $148M |
| TOTAL CURRENT ASSETS | $527M |
| PP&E (Net) | $12M |
| Goodwill | $2M |
| Intangible Assets | $7M |
| Long-Term Investments | $2M |
| Tax Assets | $3M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $33M |
| TOTAL ASSETS | $561M |
| Account Payables | $223M |
| Short-Term Debt | $90.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $237M |
| TOTAL CURRENT LIABILITIES | $465M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $20.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $471M |
| Common Stock | $415.0K |
| Additional Paid-In Capital | $47M |
| Retained Earnings | $44M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $89M |
| Minority Interest | $968.0K |
| TOTAL EQUITY | $90M |
| TOTAL LIABILITIES & EQUITY | $561M |
| Total Debt | $6M |
| Net Debt | -$22M |
