| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $984.8K | $1M | $522.9K | -4.6% | 88.3% |
| Op. Income | -$2M | -$2M | -$3M | 24.8% | 43.9% |
| Gross Margin | 41.4% | 17.1% | -60.1% | 24.3pp | 101.5pp |
| Net Margin | -188.3% | -223.5% | -545.5% | 35.3pp | 357.2pp |
| EPS (Diluted) | $-0.06 | $-0.07 | $-0.09 | 19.7% | 35.0% |
| Free Cash Flow | -$2M | -$2M | -$3M | -41.4% | 19.2% |
| Item | Amount |
|---|---|
| REVENUE | $984.8K |
| Cost of Revenue | $577.3K |
| GROSS PROFIT | $407.5K |
| R&D Expenses | $189.5K |
| Selling & Marketing | $345.8K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $114 |
| Interest Expense | $319.0K |
| Other Income/Expenses | -$318.7K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $753 |
| 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 | $157.0K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $157.0K |
| Stock-Based Compensation | $205.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $211.3K |
| Change in Working Capital | -$843.9K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$19.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$19.1K |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2.6K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$19.2K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $564.6K |
| Short-Term Investments | $0 |
| Net Receivables | $291.1K |
| Inventory | $1M |
| Other Current Assets | $247.2K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $40.6K |
| Tax Assets | $0 |
| Other Non-Current Assets | $185.1K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $6M |
| Account Payables | $1M |
| Short-Term Debt | $3M |
| Deferred Revenue | $738.2K |
| Other Current Liabilities | $456.6K |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $23.8K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $610.5K |
| TOTAL LIABILITIES | $7M |
| Common Stock | $30.8K |
| Additional Paid-In Capital | $66M |
| Retained Earnings | -$67M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$992.5K |
| Minority Interest | $0 |
| TOTAL EQUITY | -$992.5K |
| TOTAL LIABILITIES & EQUITY | $6M |
| Total Debt | $4M |
| Net Debt | $3M |
