Revenue: Not disclosed for QQ2 2025; cannot assess top-line trajectory.
Profitability and margins:
- Operating Income: -$36,399; EBITDA: -$36,399; Net Income: -$39,335; EPS: -$0.0004.
- YoY for Operating Income: -35.23%; QoQ: 51.21% (per reported ratio data).
- Net Income YoY: -32.10%; QoQ: 49.22%; EPS YoY: -33.33%; QoQ: 42.86%.
Cost structure and expenses:
- General and Administrative Expenses: $10,399; Other Expenses: $26,000; Interest Expense: $2,936. Total operating expenses reported: $36,399.
Cash flow and liquidity:
- Net cash used in operating activities: $-40,175.
- Net cash provided by financing activities: $60,000; Net change in cash: $+19,825.
- Cash and cash equivalents at end of period: $30,487.
- Current ratio: 0.224; Quick ratio: 0.224; Cash ratio: 0.224.
Balance sheet and leverage:
- Total assets: $30,487; Total liabilities: $311,115; Stockholders’ equity: $-280,628.
- Short-term debt: $86,000; Long-term debt: $110,000; Total debt: $196,000; Net debt: $165,513.
- Debt-to-equity: -0.70 (negative equity).
- Cash balance aligns with a tight liquidity runway, while leverage remains a material risk given negative tangible equity.
Notes on revenue data: The reported quarterly dataset shows null revenue figures; therefore, several standard profitability ratios and gross margin measures are not computable for QQ2 2025.