| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | — | — | — | — |
| Op. Income | -$8M | — | — | — | — |
| Gross Margin | 4.2% | — | — | — | — |
| Net Margin | -84.1% | — | — | — | — |
| EPS (Diluted) | $-7.24 | — | — | — | — |
| Free Cash Flow | -$2M | — | -$6M | — | 61.0% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $382.8K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $17M |
| OPERATING INCOME | -$8M |
| Interest Income | $0 |
| Interest Expense | $650.2K |
| Other Income/Expenses | -$68.1K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $753.9K |
| EBIT | -$7M |
| EBITDA | -$6M |
| EPS | -$7 |
| EPS Diluted | -$7 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $753.9K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $48.4K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$5.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5.5K |
| Net Debt Issuance | -$344.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$344.1K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $911.3K |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $3M |
| Other Current Assets | $363.9K |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $806.9K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $15M |
| Account Payables | $4M |
| Short-Term Debt | $1M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $143.3K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $57 |
| Additional Paid-In Capital | $39M |
| Retained Earnings | -$38M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$555.9K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $454.1K |
| Minority Interest | -$89.2K |
| TOTAL EQUITY | $364.9K |
| TOTAL LIABILITIES & EQUITY | $15M |
| Total Debt | $3M |
| Net Debt | $2M |
