| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $17M | $19M | -0.2% | -6.9% |
| Op. Income | -$466.0K | -$2M | $103.0K | 77.4% | -552.4% |
| Gross Margin | 15.7% | 15.5% | 17.6% | 0.3pp | -1.9pp |
| Net Margin | -3.5% | -9.2% | 0.1% | 5.7pp | -3.7pp |
| EPS (Diluted) | $-0.03 | $-0.09 | $0.00 | 61.6% | -2300.0% |
| Free Cash Flow | $4M | $1M | $4M | 278.5% | 6.0% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $60.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $18M |
| OPERATING INCOME | -$466.0K |
| Interest Income | $24.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $50.0K |
| INCOME BEFORE TAX | -$416.0K |
| Income Tax Expense | $197.0K |
| Net Income from Continuing Ops | -$613.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$613.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$613.0K |
| D&A | $2M |
| EBIT | -$406.0K |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$613.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$635.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$635.0K |
| Net Debt Issuance | -$680.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$680.0K |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $180.0K |
| Other Current Assets | $140.0K |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $50M |
| Goodwill | $4M |
| Intangible Assets | $0 |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $65M |
| TOTAL ASSETS | $83M |
| Account Payables | $6M |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $18M |
| Common Stock | $19.0K |
| Additional Paid-In Capital | $104M |
| Retained Earnings | -$38M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$323.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $65M |
| Minority Interest | $0 |
| TOTAL EQUITY | $65M |
| TOTAL LIABILITIES & EQUITY | $83M |
| Total Debt | $8M |
| Net Debt | -$4M |
