| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29.2K | $30.4K | — | -3.8% | — |
| Op. Income | -$2M | -$2M | — | 1.9% | — |
| Gross Margin | 24.0% | 23.1% | — | 0.9pp | — |
| Net Margin | -3248.0% | 33988.5% | — | -37236.5pp | — |
| EPS (Diluted) | $-0.65 | $1.01 | — | -165.1% | — |
| Free Cash Flow | $6M | -$3M | — | 322.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $29.2K |
| Cost of Revenue | $22.2K |
| GROSS PROFIT | $7.0K |
| R&D Expenses | $613.8K |
| Selling & Marketing | $18.7K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | -$149.7K |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$949.4K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$949.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$949.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$949.4K |
| D&A | $9.4K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$949.4K |
| Depreciation & Amortization | $9.4K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$950.5K |
| Change in Working Capital | $391.7K |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | $73.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$9.4K |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$540.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $396.4K |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $348.4K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $845.3K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $845.3K |
| TOTAL ASSETS | $2M |
| Account Payables | $680.5K |
| Short-Term Debt | $18M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $148.5K |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $508.6K |
| TOTAL LIABILITIES | $19M |
| Common Stock | $56.1K |
| Additional Paid-In Capital | $349M |
| Retained Earnings | -$366M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$17M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$17M |
| TOTAL LIABILITIES & EQUITY | $2M |
| Total Debt | $19M |
| Net Debt | $18M |
