| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $13M | $12M | 5.7% | 19.0% |
| Op. Income | -$258.0K | -$15.0K | -$438.0K | -1620.0% | 41.1% |
| Gross Margin | 48.2% | 48.7% | 52.7% | -0.5pp | -4.5pp |
| Net Margin | -1.0% | 0.1% | -2.8% | -1.2pp | 1.7pp |
| EPS (Diluted) | $-0.01 | $0.00 | $-0.03 | -847.4% | 55.5% |
| Free Cash Flow | $4M | -$171.0K | $499.0K | 2191.2% | 616.6% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $7M |
| R&D Expenses | $2M |
| Selling & Marketing | $2M |
| General & Administrative | $3M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $14M |
| OPERATING INCOME | -$258.0K |
| Interest Income | $40.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $155.0K |
| INCOME BEFORE TAX | -$103.0K |
| Income Tax Expense | $40.0K |
| Net Income from Continuing Ops | -$143.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$143.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$143.0K |
| D&A | $171.0K |
| EBIT | -$258.0K |
| EBITDA | -$87.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$143.0K |
| Depreciation & Amortization | $171.0K |
| Stock-Based Compensation | $450.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$105.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$19.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$19.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $13M |
| Other Current Assets | $738.0K |
| TOTAL CURRENT ASSETS | $40M |
| PP&E (Net) | $2M |
| Goodwill | $3M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $60.0K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $45M |
| Account Payables | $4M |
| Short-Term Debt | $3M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $333.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $46.0K |
| TOTAL NON-CURRENT LIABILITIES | $379.0K |
| TOTAL LIABILITIES | $13M |
| Common Stock | $141.0K |
| Additional Paid-In Capital | $59M |
| Retained Earnings | $4M |
| Treasury Stock | -$32M |
| Accum. Other Comp. Income | -$1.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31M |
| Minority Interest | $0 |
| TOTAL EQUITY | $31M |
| TOTAL LIABILITIES & EQUITY | $45M |
| Total Debt | $4M |
| Net Debt | -$14M |
