| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $9M | $9M | 0.0% | -2.6% |
| Op. Income | -$2M | -$2M | -$62.2K | 0.0% | -3264.6% |
| Gross Margin | 10.1% | 10.1% | 22.9% | 0.0pp | -12.8pp |
| Net Margin | -26.6% | -26.6% | 3.3% | 0.0pp | -29.8pp |
| EPS (Diluted) | $-3.27 | $-3.27 | $0.06 | 0.0% | -5169.8% |
| Free Cash Flow | -$1M | -$1M | -$2M | 0.0% | 14.9% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $887.2K |
| R&D Expenses | $399.6K |
| Selling & Marketing | $229.3K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$2M |
| Interest Income | -$233.1K |
| Interest Expense | $0 |
| Other Income/Expenses | -$237.3K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $10.4K |
| 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 | $407.7K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $443.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $117.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$739.2K |
| Capital Expenditure | -$668.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2.8K |
| NET CASH FROM INVESTING | -$665.8K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $2M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $24M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $49.5K |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $30M |
| Account Payables | $400.6K |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $16M |
| Common Stock | $174M |
| Additional Paid-In Capital | $22M |
| Retained Earnings | -$205M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14M |
| Minority Interest | $0 |
| TOTAL EQUITY | $14M |
| TOTAL LIABILITIES & EQUITY | $30M |
| Total Debt | $10M |
| Net Debt | $8M |
