| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $9M | $4M | -12.9% | 101.0% |
| Op. Income | -$9M | $69M | -$1M | -113.2% | -748.5% |
| Gross Margin | 81.4% | 89.6% | 74.3% | -8.2pp | 7.2pp |
| Net Margin | -2222.1% | 722.4% | -32.5% | -2944.5pp | -2189.6pp |
| EPS (Diluted) | $-2.94 | $0.75 | $-1.24 | -492.0% | -137.1% |
| Free Cash Flow | $5M | -$17M | -$1M | 128.5% | 458.5% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $915.8K |
| General & Administrative | $15M |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$9M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$170M |
| INCOME BEFORE TAX | -$179M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$179M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$179M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$179M |
| D&A | $153.6K |
| EBIT | -$9M |
| EBITDA | -$9M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$179M |
| Depreciation & Amortization | $153.6K |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $169M |
| Change in Working Capital | $948.7K |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | $14.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $30M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$37M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$799.3K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | $920.2K |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$620.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $728.3K |
| Other Current Assets | $166M |
| TOTAL CURRENT ASSETS | $171M |
| PP&E (Net) | $1M |
| Goodwill | $673.9K |
| Intangible Assets | $874.7K |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $91M |
| TOTAL NON-CURRENT ASSETS | $100M |
| TOTAL ASSETS | $271M |
| Account Payables | $665.8K |
| Short-Term Debt | $68M |
| Deferred Revenue | $47.3K |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $78M |
| Long-Term Debt | $144M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$460.1K |
| TOTAL NON-CURRENT LIABILITIES | $144M |
| TOTAL LIABILITIES | $222M |
| Common Stock | $632 |
| Additional Paid-In Capital | $222M |
| Retained Earnings | -$173M |
| Treasury Stock | -$799.3K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $49M |
| Minority Interest | $0 |
| TOTAL EQUITY | $49M |
| TOTAL LIABILITIES & EQUITY | $271M |
| Total Debt | $212M |
| Net Debt | $211M |
