| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | — | — | — | — |
| Op. Income | -$8M | — | — | — | — |
| Gross Margin | -16.4% | — | — | — | — |
| Net Margin | -436.7% | — | — | — | — |
| EPS (Diluted) | $-1.25 | — | — | — | — |
| Free Cash Flow | -$5M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | -$298.0K |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$8M |
| Interest Income | $0 |
| Interest Expense | $639.0K |
| Other Income/Expenses | -$597.0K |
| 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 | $820.0K |
| EBIT | -$8M |
| EBITDA | -$7M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $916.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $410.0K |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$246.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $486.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $240.0K |
| Net Debt Issuance | -$234.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $996.0K |
| Net Receivables | $970.0K |
| Inventory | $2M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $19M |
| PP&E (Net) | $11M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $306.0K |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $31M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $908.0K |
| Other Current Liabilities | $88.0K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $12M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21.0K |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $18M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $315M |
| Retained Earnings | -$302M |
| Treasury Stock | -$25.0K |
| Accum. Other Comp. Income | $85.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13M |
| Minority Interest | $362.0K |
| TOTAL EQUITY | $13M |
| TOTAL LIABILITIES & EQUITY | $31M |
| Total Debt | $14M |
| Net Debt | $4M |
