FY 2025 Earnings

Reported December 31, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$25M	—	$13M	—	98.2%
Op. Income	-$23M	—	-$8M	—	-202.2%
Gross Margin	41.0%	—	50.2%	—	-9.2pp
Net Margin	-1386.9%	—	-49.8%	—	-1337.1pp
EPS (Diluted)	$-5.91	—	$-0.56	—	-955.4%

Income Statement

Item	Amount
REVENUE	$25M
Cost of Revenue	$15M
GROSS PROFIT	$10M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$33M
Other Expenses	$0
Operating Expenses	$33M
Cost & Expenses	$48M
OPERATING INCOME	-$23M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$405M
INCOME BEFORE TAX	-$428M
Income Tax Expense	-$87M
Net Income from Continuing Ops	-$341M
Net Income from Discontinued Ops	-$3M
Other Adjustments	$0
NET INCOME	-$345M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$345M
D&A	$3M
EBIT	-$23M
EBITDA	-$19M
EPS	-$6
EPS Diluted	-$6