| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41M | — | $34M | — | 20.2% |
| Op. Income | $3M | — | $2M | — | 23.7% |
| Gross Margin | 9.7% | — | 10.5% | — | -0.9pp |
| Net Margin | 6.5% | — | 5.7% | — | 0.9pp |
| EPS (Diluted) | $0.11 | — | $0.09 | — | 25.6% |
| Free Cash Flow | -$8M | — | -$646.3K | — | -1090.5% |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $4M |
| R&D Expenses | $119.3K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $940.6K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $3M |
| Interest Income | $195 |
| Interest Expense | $114.2K |
| Other Income/Expenses | $271.9K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $506.3K |
| 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 | $63.3K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $4M |
| R&D Expenses | $119.3K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $940.6K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $3M |
| Interest Income | $195 |
| Interest Expense | $114.2K |
| Other Income/Expenses | $271.9K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $506.3K |
| 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 | $63.3K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $63.3K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$91.0K |
| Other Non-Cash Items | $193.0K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $846.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $846.0K |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $319.1K |
| Short-Term Investments | $0 |
| Net Receivables | $36M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $47M |
| PP&E (Net) | $557.6K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $235.1K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $792.7K |
| TOTAL ASSETS | $48M |
| Account Payables | $4M |
| Short-Term Debt | $5M |
| Deferred Revenue | $1.5K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$285.4K |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $17M |
| Common Stock | $2.3K |
| Additional Paid-In Capital | $10M |
| Retained Earnings | $20M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $396.4K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31M |
| Minority Interest | $0 |
| TOTAL EQUITY | $31M |
| TOTAL LIABILITIES & EQUITY | $48M |
| Total Debt | $8M |
| Net Debt | $7M |
