| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $8M | $10M | 35.2% | -1.3% |
| Op. Income | $398.2K | -$870.0K | $536.9K | 145.8% | -25.8% |
| Gross Margin | 61.0% | 63.1% | 62.6% | -2.1pp | -1.7pp |
| Net Margin | 0.9% | -9.7% | 1.9% | 10.6pp | -1.0pp |
| EPS (Diluted) | $-0.09 | $-0.26 | $-0.07 | 63.5% | -28.1% |
| Free Cash Flow | $1M | -$1M | -$57.3K | 183.7% | 2221.7% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $2M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $398.2K |
| Interest Income | $0 |
| Interest Expense | $270.1K |
| Other Income/Expenses | -$267.6K |
| INCOME BEFORE TAX | $130.6K |
| Income Tax Expense | $37.8K |
| Net Income from Continuing Ops | $92.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $92.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$470.4K |
| D&A | $812.0K |
| EBIT | $400.7K |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $2M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $398.2K |
| Interest Income | $0 |
| Interest Expense | $270.1K |
| Other Income/Expenses | -$267.6K |
| INCOME BEFORE TAX | $130.6K |
| Income Tax Expense | $37.8K |
| Net Income from Continuing Ops | $92.8K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $92.8K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$470.4K |
| D&A | $812.0K |
| EBIT | $400.7K |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $92.8K |
| Depreciation & Amortization | $812.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $162.7K |
| Change in Working Capital | $242.1K |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$94.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$94.2K |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $17.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $350.6K |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $33M |
| Other Current Assets | $424.4K |
| TOTAL CURRENT ASSETS | $36M |
| PP&E (Net) | $70M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $13.8K |
| TOTAL NON-CURRENT ASSETS | $70M |
| TOTAL ASSETS | $107M |
| Account Payables | $2M |
| Short-Term Debt | $3M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $15M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $29M |
| TOTAL LIABILITIES | $38M |
| Common Stock | $9M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $16M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $69M |
| Minority Interest | $0 |
| TOTAL EQUITY | $69M |
| TOTAL LIABILITIES & EQUITY | $107M |
| Total Debt | $30M |
| Net Debt | $29M |
