| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.0K | $0 | $0 | — | — |
| Op. Income | -$3M | -$1M | -$2M | -183.9% | -92.0% |
| Gross Margin | 100.0% | — | — | — | — |
| Net Margin | -442101.9% | — | — | — | — |
| EPS (Diluted) | $-11.26 | $0.12 | $-1.18 | -9483.3% | -854.2% |
| Free Cash Flow | -$749.1K | -$2M | -$853.5K | 62.6% | 12.2% |
| Item | Amount |
|---|---|
| REVENUE | $4.0K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $4.0K |
| R&D Expenses | $148.6K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $699.8K |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$3M |
| Interest Income | $152.8K |
| Interest Expense | $0 |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$18M |
| D&A | $979 |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$11 |
| EPS Diluted | -$11 |
| Item | Amount |
|---|---|
| Net Income | -$18M |
| Depreciation & Amortization | $979 |
| Stock-Based Compensation | $969.2K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $381.4K |
| OPERATING CASH FLOW | -$749.1K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $484.3K |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$749.1K |
| Net Change in Cash | -$463.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $20M |
| PP&E (Net) | $10.9K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $10.9K |
| TOTAL ASSETS | $20M |
| Account Payables | $898.2K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $964.3K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $863.0K |
| TOTAL NON-CURRENT LIABILITIES | $863.0K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $251 |
| Additional Paid-In Capital | $82M |
| Retained Earnings | -$65M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5.7K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18M |
| Minority Interest | $0 |
| TOTAL EQUITY | $18M |
| TOTAL LIABILITIES & EQUITY | $20M |
| Total Debt | $0 |
| Net Debt | -$14M |
