| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $1M | $5M | 1574.2% | 217.7% |
| Op. Income | $11M | $9M | $2M | 23.8% | 591.5% |
| Gross Margin | 100.0% | 100.0% | 55.1% | 0.0pp | 44.9pp |
| Net Margin | 67.3% | -854.3% | 36.4% | 921.6pp | 30.9pp |
| EPS (Diluted) | $4.17 | $-0.32 | $0.07 | 1403.1% | 5781.5% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $17M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $11M |
| Interest Income | $380.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $380.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $0 |
| EBIT | $11M |
| EBITDA | $11M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $17M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $11M |
| Interest Income | $380.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $380.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $0 |
| EBIT | $11M |
| EBITDA | $11M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $14M |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $36M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $39M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $774.0K |
| Additional Paid-In Capital | $259M |
| Retained Earnings | -$228M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $32M |
| Minority Interest | $0 |
| TOTAL EQUITY | $32M |
| TOTAL LIABILITIES & EQUITY | $39M |
| Total Debt | $1M |
| Net Debt | -$9M |
