| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $104.2K | $86.6K | $54.2K | 20.3% | 92.3% |
| Op. Income | -$2M | -$2M | -$2M | -5.9% | -10.2% |
| Gross Margin | 57.5% | 58.8% | 24.1% | -1.4pp | 33.4pp |
| Net Margin | -1914.5% | -2169.4% | -3833.4% | 254.8pp | 1918.9pp |
| EPS (Diluted) | $-1.32 | $-1.46 | $-113.76 | 9.6% | 98.8% |
| Free Cash Flow | -$2M | -$2M | -$2M | 5.7% | -0.8% |
| Item | Amount |
|---|---|
| REVENUE | $104.2K |
| Cost of Revenue | $44.3K |
| GROSS PROFIT | $59.9K |
| R&D Expenses | $198.7K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $115.3K |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $2.1K |
| Other Income/Expenses | $73.6K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| 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 | $96.4K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $96.4K |
| Stock-Based Compensation | $115.3K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $25.0K |
| Change in Working Capital | $151.2K |
| OPERATING CASH FLOW | -$2M |
| 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 | -$1 |
| NET CASH FROM FINANCING | -$1 |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $40.7K |
| Net Receivables | $47.0K |
| Inventory | $189.8K |
| Other Current Assets | $96.6K |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $134.4K |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $27.4K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $11M |
| Account Payables | $501.1K |
| Short-Term Debt | $38.5K |
| Deferred Revenue | $13.7K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $30.9K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $15 |
| Additional Paid-In Capital | $110M |
| Retained Earnings | -$102M |
| Treasury Stock | -$38.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8M |
| Minority Interest | -$53.7K |
| TOTAL EQUITY | $8M |
| TOTAL LIABILITIES & EQUITY | $11M |
| Total Debt | $188.0K |
| Net Debt | -$8M |
