| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $182.5K | $301.9K | 492.2% | 258.1% |
| Op. Income | -$5M | -$2M | -$693.0K | -165.7% | -567.2% |
| Gross Margin | 0.1% | 0.7% | 74.2% | -0.6pp | -74.1pp |
| Net Margin | -287.7% | -1169.1% | -77.0% | 881.4pp | -210.7pp |
| EPS (Diluted) | $-3.47 | $-0.38 | $-0.57 | -813.2% | -513.1% |
| Free Cash Flow | -$3M | -$2M | -$608.9K | -37.3% | -442.4% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $907 |
| R&D Expenses | $24.7K |
| Selling & Marketing | -$24.7K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $836.6K |
| Operating Expenses | $5M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $282 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $100.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $96.2K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $96.2K |
| Stock-Based Compensation | $787.2K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $458.9K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$332.7K |
| Acquisitions (Net) | $6.6K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6.7K |
| NET CASH FROM INVESTING | -$332.7K |
| Net Debt Issuance | -$28.2K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$94.2K |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $914.1K |
| Inventory | $136.4K |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $17M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $24M |
| Account Payables | $37.4K |
| Short-Term Debt | $50.5K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $6M |
| Common Stock | $18 |
| Additional Paid-In Capital | $84M |
| Retained Earnings | -$67M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $189.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18M |
| Minority Interest | $0 |
| TOTAL EQUITY | $18M |
| TOTAL LIABILITIES & EQUITY | $24M |
| Total Debt | $99.2K |
| Net Debt | -$5M |
