| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $8M | $8M | -0.4% | 1.4% |
| Op. Income | $2M | $2M | $2M | -16.6% | 2.5% |
| Gross Margin | 76.7% | 75.4% | 69.5% | 1.2pp | 7.2pp |
| Net Margin | 18.1% | 10.7% | 8.2% | 7.4pp | 9.9pp |
| EPS (Diluted) | $0.17 | $0.10 | $0.09 | 70.0% | 94.7% |
| Free Cash Flow | -$77.0K | -$822.8K | -$282.0K | 90.6% | 72.7% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $2M |
| SG&A Expenses | $5M |
| Other Expenses | $33.3K |
| Operating Expenses | $5M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $2M |
| Interest Income | $379 |
| Interest Expense | $2M |
| Other Income/Expenses | $39.6K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $190.1K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $33.3K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $2M |
| SG&A Expenses | $5M |
| Other Expenses | $33.3K |
| Operating Expenses | $5M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $2M |
| Interest Income | $379 |
| Interest Expense | $2M |
| Other Income/Expenses | $39.6K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $190.1K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $33.3K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $33.3K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$817.4K |
| Change in Working Capital | -$766.1K |
| OPERATING CASH FLOW | -$77.0K |
| 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 | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$77.0K |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $14M |
| Inventory | $2M |
| Other Current Assets | $100.0K |
| TOTAL CURRENT ASSETS | $20M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $216.7K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $216.7K |
| TOTAL ASSETS | $20M |
| Account Payables | $0 |
| Short-Term Debt | $2M |
| Deferred Revenue | $4.9K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $25M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $32M |
| Common Stock | $96 |
| Additional Paid-In Capital | $30M |
| Retained Earnings | -$42M |
| Treasury Stock | -$127.5K |
| Accum. Other Comp. Income | -$9.8K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$12M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$12M |
| TOTAL LIABILITIES & EQUITY | $20M |
| Total Debt | $27M |
| Net Debt | $25M |
