| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | — | $0 | — | — |
| Op. Income | -$23M | — | -$12M | — | -91.1% |
| Gross Margin | 81.3% | — | — | — | — |
| Net Margin | -202.2% | — | — | — | — |
| EPS (Diluted) | $-1.17 | — | $-2.02 | — | 42.1% |
| Free Cash Flow | -$21M | — | -$8M | — | -165.7% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $8M |
| R&D Expenses | $2M |
| Selling & Marketing | $2M |
| General & Administrative | $27M |
| SG&A Expenses | $29M |
| Other Expenses | $21.6K |
| Operating Expenses | $31M |
| Cost & Expenses | $33M |
| OPERATING INCOME | -$23M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $58.6K |
| EBIT | -$23M |
| EBITDA | -$23M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $58.6K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$72.7K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$20M |
| Capital Expenditure | -$293.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$293.5K |
| Net Debt Issuance | -$911.5K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $40.5K |
| NET CASH FROM FINANCING | $38M |
| FREE CASH FLOW | -$21M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $5M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $79M |
| PP&E (Net) | $328.5K |
| Goodwill | $391.4K |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $720.0K |
| TOTAL ASSETS | $80M |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $153.2K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $35.9K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $17M |
| Common Stock | $134M |
| Additional Paid-In Capital | $26M |
| Retained Earnings | -$97M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$104.3K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $63M |
| Minority Interest | $0 |
| TOTAL EQUITY | $63M |
| TOTAL LIABILITIES & EQUITY | $80M |
| Total Debt | $0 |
| Net Debt | -$66M |
