| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19M | $19M | $22M | 3.3% | -13.3% |
| Op. Income | $808.0K | -$472.0K | $2M | 271.2% | -64.1% |
| Gross Margin | 52.8% | 51.7% | 49.2% | 1.1pp | 3.6pp |
| Net Margin | 3.5% | -3.3% | 10.0% | 6.8pp | -6.5pp |
| EPS (Diluted) | $0.18 | $-0.16 | $0.06 | 212.5% | 200.0% |
| Free Cash Flow | -$1M | -$64.0K | $3M | -1582.8% | -134.5% |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $10M |
| R&D Expenses | $2M |
| Selling & Marketing | $6M |
| General & Administrative | $3M |
| SG&A Expenses | $9M |
| Other Expenses | -$1M |
| Operating Expenses | $9M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $808.0K |
| Interest Income | $31.0K |
| Interest Expense | $59.0K |
| Other Income/Expenses | -$35.0K |
| INCOME BEFORE TAX | $773.0K |
| Income Tax Expense | $95.0K |
| Net Income from Continuing Ops | $678.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $678.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $678.0K |
| D&A | $0 |
| EBIT | $839.0K |
| EBITDA | $839.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $10M |
| R&D Expenses | $2M |
| Selling & Marketing | $6M |
| General & Administrative | $3M |
| SG&A Expenses | $9M |
| Other Expenses | -$1M |
| Operating Expenses | $9M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $808.0K |
| Interest Income | $31.0K |
| Interest Expense | $59.0K |
| Other Income/Expenses | -$35.0K |
| INCOME BEFORE TAX | $773.0K |
| Income Tax Expense | $95.0K |
| Net Income from Continuing Ops | $678.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $678.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $678.0K |
| D&A | $0 |
| EBIT | $839.0K |
| EBITDA | $839.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $678.0K |
| Depreciation & Amortization | $738.0K |
| Stock-Based Compensation | $380.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$877.0K |
| Capital Expenditure | -$200.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $50.0K |
| NET CASH FROM INVESTING | -$150.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$871.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $9M |
| Net Receivables | $7M |
| Inventory | $5M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $57M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $500.0K |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $65M |
| Account Payables | $8M |
| Short-Term Debt | $8M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $42M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $59.0K |
| TOTAL NON-CURRENT LIABILITIES | $501.0K |
| TOTAL LIABILITIES | $42M |
| Common Stock | $19.0K |
| Additional Paid-In Capital | $242M |
| Retained Earnings | -$222M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22M |
| Minority Interest | $0 |
| TOTAL EQUITY | $22M |
| TOTAL LIABILITIES & EQUITY | $65M |
| Total Debt | $10M |
| Net Debt | -$20M |
