| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $975.0K | $343.0K | $46.0K | 184.3% | 2019.6% |
| Op. Income | -$3M | -$4M | -$5M | 23.0% | 40.2% |
| Gross Margin | 34.7% | 27.1% | -165.2% | 7.6pp | 199.9pp |
| Net Margin | -285.9% | -981.3% | -9256.5% | 695.4pp | 8970.6pp |
| EPS (Diluted) | $-2.35 | $-3.60 | $-19.50 | 34.8% | 88.0% |
| Free Cash Flow | -$3M | -$5M | -$6M | 38.3% | 50.3% |
| Item | Amount |
|---|---|
| REVENUE | $975.0K |
| Cost of Revenue | $637.0K |
| GROSS PROFIT | $338.0K |
| R&D Expenses | $1M |
| Selling & Marketing | $704.0K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $28.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $7.0K |
| Other Income/Expenses | -$8.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $41.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $41.0K |
| Stock-Based Compensation | $97.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $21.0K |
| Change in Working Capital | -$249.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$16.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$16.0K |
| Net Debt Issuance | -$431.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$67.0K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $663.0K |
| Inventory | $687.0K |
| Other Current Assets | $122.0K |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $12M |
| Account Payables | $772.0K |
| Short-Term Debt | $770.0K |
| Deferred Revenue | $10.0K |
| Other Current Liabilities | $742.0K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $839.0K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $415M |
| Retained Earnings | -$407M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $0 |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $12M |
| Total Debt | $2M |
| Net Debt | -$7M |
