| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $765.0K | $2M | 32.3% | -35.7% |
| Op. Income | -$3M | -$4M | -$3M | 27.2% | 9.9% |
| Gross Margin | 48.1% | 77.8% | 62.6% | -29.7pp | -14.4pp |
| Net Margin | -368.3% | 14.2% | -24.5% | -382.5pp | -343.8pp |
| EPS (Diluted) | $-0.08 | $-0.00 | $-0.02 | -6890.9% | -288.4% |
| Free Cash Flow | -$2M | -$3M | -$4M | 34.3% | 42.4% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $525.0K |
| GROSS PROFIT | $487.0K |
| R&D Expenses | $162.0K |
| Selling & Marketing | $109.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$3M |
| Interest Income | $2.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$871.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $149.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $149.0K |
| Stock-Based Compensation | $770.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $790.0K |
| Change in Working Capital | $78.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$107.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $54.0K |
| NET CASH FROM INVESTING | -$53.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $906.0K |
| Inventory | $6M |
| Other Current Assets | $334.0K |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $128.0K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $16M |
| Account Payables | $583.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $329.0K |
| Other Current Liabilities | $213.0K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $23.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $4M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $121M |
| Retained Earnings | -$109M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12M |
| Minority Interest | $0 |
| TOTAL EQUITY | $12M |
| TOTAL LIABILITIES & EQUITY | $16M |
| Total Debt | $2M |
| Net Debt | -$2M |
