| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $92.8K | $184.8K | $643.0K | -49.8% | -85.6% |
| Op. Income | -$2M | -$4M | -$1M | 52.0% | -71.3% |
| Gross Margin | 34.0% | 33.3% | 28.7% | 0.7pp | 5.3pp |
| Net Margin | -2064.1% | -2145.5% | -188.9% | 81.4pp | -1875.2pp |
| EPS (Diluted) | $-0.13 | $-0.27 | $-0.09 | 51.9% | -46.4% |
| Free Cash Flow | -$1M | -$960.0K | $0 | -16.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $92.8K |
| Cost of Revenue | $61.2K |
| GROSS PROFIT | $31.6K |
| R&D Expenses | $17.9K |
| Selling & Marketing | $370.8K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $90.4K |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $7.8K |
| Interest Expense | $3.3K |
| Other Income/Expenses | $8.8K |
| 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 | $90.4K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | -$41.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$82.8K |
| Change in Working Capital | $5.5K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$102.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$99.7K |
| NET CASH FROM INVESTING | -$102.5K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$11.0K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$106.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $805.6K |
| Short-Term Investments | $0 |
| Net Receivables | $38.6K |
| Inventory | $306.3K |
| Other Current Assets | $181.4K |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $393.7K |
| Goodwill | $684.9K |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9.8K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $4M |
| Account Payables | $168.7K |
| Short-Term Debt | $0 |
| Deferred Revenue | $45.4K |
| Other Current Liabilities | $4.1K |
| TOTAL CURRENT LIABILITIES | $809.9K |
| Long-Term Debt | $146.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $162.2K |
| TOTAL LIABILITIES | $972.1K |
| Common Stock | $1.5K |
| Additional Paid-In Capital | $23M |
| Retained Earnings | -$20M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3M |
| Minority Interest | $0 |
| TOTAL EQUITY | $3M |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $239.8K |
| Net Debt | -$565.8K |
