| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $11M | $9M | 1.5% | 22.7% |
| Op. Income | $414.0K | -$830.0K | $328.0K | 149.9% | 26.2% |
| Gross Margin | 38.4% | 29.0% | 43.7% | 9.4pp | -5.3pp |
| Net Margin | 3.4% | -5.9% | 3.1% | 9.3pp | 0.4pp |
| EPS (Diluted) | $0.04 | $-0.07 | $0.03 | 159.0% | 37.2% |
| Free Cash Flow | -$20.0K | -$394.0K | -$316.0K | 94.9% | 93.7% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $96.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $718.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $414.0K |
| Interest Income | $11M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $414.0K |
| Income Tax Expense | $41.0K |
| Net Income from Continuing Ops | $373.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $373.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $373.0K |
| D&A | $212.0K |
| EBIT | $414.0K |
| EBITDA | $626.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $96.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $718.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $414.0K |
| Interest Income | $11M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $414.0K |
| Income Tax Expense | $41.0K |
| Net Income from Continuing Ops | $373.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $373.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $373.0K |
| D&A | $212.0K |
| EBIT | $414.0K |
| EBITDA | $626.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $373.0K |
| Depreciation & Amortization | $212.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $166.0K |
| Change in Working Capital | -$694.0K |
| OPERATING CASH FLOW | $57.0K |
| Capital Expenditure | -$77.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $19M |
| NET CASH FROM FINANCING | $21M |
| FREE CASH FLOW | -$20.0K |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $33M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $78M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $783M |
| Tax Assets | $0 |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $816M |
| TOTAL ASSETS | $894M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $663M |
| TOTAL CURRENT LIABILITIES | $663M |
| Long-Term Debt | $146M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $154.0K |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $151M |
| TOTAL LIABILITIES | $814M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $80M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $80M |
| Minority Interest | $0 |
| TOTAL EQUITY | $80M |
| TOTAL LIABILITIES & EQUITY | $894M |
| Total Debt | $146M |
| Net Debt | $104M |
