| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | — | $3M | — | -5.3% |
| Op. Income | -$4M | — | -$3M | — | -21.7% |
| Gross Margin | 47.7% | — | 43.4% | — | 4.4pp |
| Net Margin | -182.1% | — | -135.2% | — | -46.8pp |
| EPS (Diluted) | $-1.17 | — | $-1.03 | — | -13.6% |
| Free Cash Flow | -$3M | — | -$705.7K | — | -347.8% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $1M |
| R&D Expenses | $413.6K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $460.8K |
| Other Income/Expenses | -$397.8K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $5.4K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $5.4K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$435.4K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | $3 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$290.2K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $22.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39.2K |
| Short-Term Investments | $0 |
| Net Receivables | $20.1K |
| Inventory | $3.5K |
| Other Current Assets | $7.0K |
| TOTAL CURRENT ASSETS | $69.7K |
| PP&E (Net) | $222.3K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $9M |
| Account Payables | $1M |
| Short-Term Debt | $590.4K |
| Deferred Revenue | $726.2K |
| Other Current Liabilities | $92.6K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $154.4K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$154.4K |
| TOTAL NON-CURRENT LIABILITIES | $154.4K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $4.3K |
| Additional Paid-In Capital | $33M |
| Retained Earnings | -$27M |
| Treasury Stock | -$40 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $9M |
| Total Debt | $899.2K |
| Net Debt | $860.1K |
