| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | — | $32M | — | -52.6% |
| Op. Income | -$30M | — | -$50M | — | 39.9% |
| Gross Margin | 62.8% | — | 67.0% | — | -4.1pp |
| Net Margin | -188.8% | — | -81.4% | — | -107.4pp |
| EPS (Diluted) | $-3.81 | — | $-11.64 | — | 67.3% |
| Free Cash Flow | -$29M | — | -$43M | — | 32.5% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $10M |
| R&D Expenses | $8M |
| Selling & Marketing | $11M |
| General & Administrative | $21M |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $45M |
| OPERATING INCOME | -$30M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$29M |
| Income Tax Expense | $74.0K |
| Net Income from Continuing Ops | -$29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$29M |
| D&A | $983.0K |
| EBIT | -$29M |
| EBITDA | -$28M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$29M |
| Depreciation & Amortization | $983.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$29M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | -$29M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $3M |
| Other Current Assets | $759.0K |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $663.0K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $16M |
| Account Payables | $4M |
| Short-Term Debt | $28M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $38M |
| Long-Term Debt | $571.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $55M |
| TOTAL LIABILITIES | $93M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $169M |
| Retained Earnings | -$251M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$77M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$77M |
| TOTAL LIABILITIES & EQUITY | $16M |
| Total Debt | $29M |
| Net Debt | $24M |
