| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | — | $37.0K | — | 5637.8% |
| Op. Income | -$3M | — | -$2M | — | -22.0% |
| Gross Margin | 71.2% | — | -710.8% | — | 782.0pp |
| Net Margin | -111.9% | — | -4678.4% | — | 4566.5pp |
| EPS (Diluted) | $-1.79 | — | $-4.00 | — | 55.3% |
| Free Cash Flow | -$2M | — | -$3M | — | 26.7% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $611.0K |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $336.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$3M |
| Interest Income | $90.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $329.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$253.0K |
| 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 | $336.0K |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $336.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$253.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$19.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$2.0K |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | -$148.0K |
| Sales/Maturities of Investments | $144.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $5M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $12M |
| PP&E (Net) | $615.0K |
| Goodwill | $5M |
| Intangible Assets | $4M |
| Long-Term Investments | $563.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $24M |
| Account Payables | $425.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $178.0K |
| Other Current Liabilities | $284.0K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $600.0K |
| TOTAL NON-CURRENT LIABILITIES | $744.0K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $206M |
| Retained Earnings | -$192M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19M |
| Minority Interest | -$31.0K |
| TOTAL EQUITY | $19M |
| TOTAL LIABILITIES & EQUITY | $24M |
| Total Debt | $282.0K |
| Net Debt | -$4M |
