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Operations Data As of June 30, 2025* As of June 30, 2024* As of Dec 31, 2024
Revenue $1,068,000 $1,001,000 $3,064,000
Cost of Revenues $(151,000) $(85,000) $(240,000)
Gross Profit $917,000 $916,000 $2,824,000
R&D expenses $(2,043,000) $(1,002,000) $(2,893,000)
S&M expenses $(1,061,000) $(310,000) $(678,000)
G&A expenses $(1,231,000) $(1,152,000) $(2,468,000)
Tax and Finance $233,000 $(417,000) $(138,000)
Net Loss $(3,185,000) $(1,965,000) $(3,353,000)
Balance Sheet Data As of June 30, 2025* As of Dec 31, 2024
Cash and Deposits $13,893,000 $16,483,000
Total current assets $14,539,000 $17,184,000
Total non-current assets $4,801,000 $4,911,000
Total current liabilities $1,050,000 $967,000
Total non-current liabilities $50,000 $50,000
Total shareholders’ equity $18.240,000 $21,078,000
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Operations & Balance Sheet Summary
* The financial results for the periods ended June 30, 2024 and June 30, 2025 are unaudited