| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $829.9K | $271.2K | 97.4% | 504.1% |
| Op. Income | -$3M | -$2M | -$68.1K | -30.7% | -4095.6% |
| Gross Margin | 73.3% | 91.9% | 99.2% | -18.6pp | -25.9pp |
| Net Margin | -273.1% | -406.0% | -69.1% | 132.9pp | -203.9pp |
| EPS (Diluted) | $-0.14 | $-0.15 | $-0.01 | 5.0% | -1158.3% |
| Free Cash Flow | -$5M | -$4M | -$394.6K | -31.3% | -1279.1% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $436.6K |
| GROSS PROFIT | $1M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | $182.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$3M |
| Interest Income | $5.2K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $182.0K |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $182.0K |
| Stock-Based Compensation | $25.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$393.2K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $12M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $13M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $983.6K |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $3M |
| Goodwill | $3M |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $39M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $571.8K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $14M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $9M |
| Additional Paid-In Capital | $32M |
| Retained Earnings | -$14M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$206.0K |
| Other Equity | -$41M |
| TOTAL STOCKHOLDERS' EQUITY | $23M |
| Minority Interest | $0 |
| TOTAL EQUITY | $23M |
| TOTAL LIABILITIES & EQUITY | $39M |
| Total Debt | $14M |
| Net Debt | $6M |
