| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | — | $343.5K | — | 1149.0% |
| Op. Income | -$42M | — | -$38M | — | -12.0% |
| Gross Margin | -246.5% | — | -862.1% | — | 615.6pp |
| Net Margin | -1090.0% | — | -15284.4% | — | 14194.4pp |
| EPS (Diluted) | $-0.58 | — | $-1.02 | — | 43.1% |
| Free Cash Flow | -$31M | — | -$29M | — | -6.9% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $15M |
| GROSS PROFIT | -$11M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $2M |
| Operating Expenses | $31M |
| Cost & Expenses | $46M |
| OPERATING INCOME | -$42M |
| Interest Income | $0 |
| Interest Expense | $19.4K |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$47M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$47M |
| D&A | $5M |
| EBIT | -$47M |
| EBITDA | -$42M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$47M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$29M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $945.5K |
| NET CASH FROM FINANCING | $37M |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $408.1K |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $30M |
| PP&E (Net) | $54M |
| Goodwill | $0 |
| Intangible Assets | $766.7K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $55M |
| TOTAL ASSETS | $84M |
| Account Payables | $417.2K |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $190.2K |
| TOTAL LIABILITIES | $14M |
| Common Stock | $97.4K |
| Additional Paid-In Capital | $330M |
| Retained Earnings | -$260M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $925.1K |
| TOTAL STOCKHOLDERS' EQUITY | $71M |
| Minority Interest | $0 |
| TOTAL EQUITY | $71M |
| TOTAL LIABILITIES & EQUITY | $84M |
| Total Debt | $8M |
| Net Debt | $561.5K |
