| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32.0K | $23.0K | $40.0K | 39.1% | -20.0% |
| Op. Income | -$4M | -$3M | -$3M | -25.5% | -57.4% |
| Gross Margin | 12.5% | -443.5% | 20.0% | 456.0pp | -7.5pp |
| Net Margin | -7500.0% | -9278.3% | -7747.5% | 1778.3pp | 247.5pp |
| EPS (Diluted) | $-0.30 | $-0.32 | $-0.98 | 6.3% | 69.4% |
| Free Cash Flow | -$3M | -$3M | -$3M | 16.6% | 1.3% |
| Item | Amount |
|---|---|
| REVENUE | $32.0K |
| Cost of Revenue | $28.0K |
| GROSS PROFIT | $4.0K |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | -$410.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$4M |
| Interest Income | $3.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $1.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $113.0K |
| EBIT | -$5M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $113.0K |
| Stock-Based Compensation | $260.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $479.0K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $852.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $852.0K |
| TOTAL ASSETS | $4M |
| Account Payables | $2M |
| Short-Term Debt | $243.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $421.0K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $0 |
| Additional Paid-In Capital | $123M |
| Retained Earnings | -$119M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$127.0K |
| Minority Interest | $0 |
| TOTAL EQUITY | -$127.0K |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $664.0K |
| Net Debt | -$488.0K |
