| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $207.5K | $26.9K | 850.2% | 7219.5% |
| Op. Income | $934.7K | -$1M | -$1M | 176.6% | 162.3% |
| Gross Margin | 99.6% | 95.9% | 39.7% | 3.7pp | 59.8pp |
| Net Margin | 34.0% | -482.4% | -4987.8% | 516.4pp | 5021.7pp |
| EPS (Diluted) | $0.14 | $-0.21 | $-0.54 | 166.5% | 125.5% |
| Free Cash Flow | -$895.1K | -$641.5K | -$2M | -39.5% | 54.9% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $8.2K |
| GROSS PROFIT | $2M |
| R&D Expenses | $6.2K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $1M |
| OPERATING INCOME | $934.7K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $3.6K |
| INCOME BEFORE TAX | $938.3K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $938.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $669.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $669.4K |
| D&A | $0 |
| EBIT | $934.7K |
| EBITDA | $934.7K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $8.2K |
| GROSS PROFIT | $2M |
| R&D Expenses | $6.2K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $1M |
| OPERATING INCOME | $934.7K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $3.6K |
| INCOME BEFORE TAX | $938.3K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $938.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $669.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $669.4K |
| D&A | $0 |
| EBIT | $934.7K |
| EBITDA | $934.7K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $672.3K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $294.8K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$895.1K |
| Capital Expenditure | $3 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$895.1K |
| Net Change in Cash | -$750.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $4M |
| Account Payables | $34.2K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $34.2K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $34.2K |
| Common Stock | $151M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$140M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $444.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12M |
| Minority Interest | -$8M |
| TOTAL EQUITY | $4M |
| TOTAL LIABILITIES & EQUITY | $4M |
| Total Debt | $0 |
| Net Debt | -$2M |
