| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $152M | — | $180M | — | -15.8% |
| Op. Income | -$5M | — | -$2M | — | -166.1% |
| Gross Margin | 59.4% | — | 60.4% | — | -1.1pp |
| Net Margin | -7.7% | — | -4.6% | — | -3.1pp |
| EPS (Diluted) | $-0.19 | — | $-0.14 | — | -35.7% |
| Free Cash Flow | $692.0K | — | -$3M | — | 126.0% |
| Item | Amount |
|---|---|
| REVENUE | $152M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $90M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $82M |
| Other Expenses | $13M |
| Operating Expenses | $95M |
| Cost & Expenses | $157M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $13M |
| EBIT | -$12M |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$19M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$56.0K |
| NET CASH FROM FINANCING | -$478.0K |
| FREE CASH FLOW | $692.0K |
| Net Change in Cash | $214.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $50M |
| Goodwill | $82M |
| Intangible Assets | $37M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $172M |
| TOTAL ASSETS | $187M |
| Account Payables | $5M |
| Short-Term Debt | $5M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $28M |
| Long-Term Debt | $51M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $878.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $72M |
| TOTAL LIABILITIES | $100M |
| Common Stock | $64.0K |
| Additional Paid-In Capital | $128M |
| Retained Earnings | -$41M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$96.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $88M |
| Minority Interest | $0 |
| TOTAL EQUITY | $88M |
| TOTAL LIABILITIES & EQUITY | $187M |
| Total Debt | $84M |
| Net Debt | $75M |
