| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $739.0K | — | 51.0% | — |
| Op. Income | -$1M | -$5M | — | 71.4% | — |
| Gross Margin | 84.3% | 74.8% | — | 9.5pp | — |
| Net Margin | -249.5% | -654.4% | — | 404.9pp | — |
| EPS (Diluted) | $-1.95 | $-2.70 | — | 27.8% | — |
| Free Cash Flow | -$1M | -$7M | — | 85.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $175.0K |
| GROSS PROFIT | $941.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $265.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $148.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $80.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $148.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $148.0K |
| Stock-Based Compensation | $3.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $397.0K |
| OPERATING CASH FLOW | -$792.0K |
| Capital Expenditure | -$257.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$257.0K |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $492.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $739.0K |
| Short-Term Investments | $0 |
| Net Receivables | $233.0K |
| Inventory | $0 |
| Other Current Assets | $260.0K |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $687.0K |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $11M |
| Account Payables | $425.0K |
| Short-Term Debt | $4M |
| Deferred Revenue | $97.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $463.0K |
| TOTAL LIABILITIES | $6M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $15M |
| Retained Earnings | -$10M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5M |
| Minority Interest | $0 |
| TOTAL EQUITY | $5M |
| TOTAL LIABILITIES & EQUITY | $11M |
| Total Debt | $4M |
| Net Debt | $3M |
