| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | — | $16M | — | -35.8% |
| Op. Income | -$3M | — | -$3M | — | 20.0% |
| Gross Margin | 6.4% | — | 22.3% | — | -15.9pp |
| Net Margin | -7.6% | — | -8.9% | — | 1.3pp |
| EPS (Diluted) | $-0.04 | — | $-0.07 | — | 45.3% |
| Free Cash Flow | $568.5K | — | -$630.5K | — | 190.2% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $656.0K |
| R&D Expenses | $255.4K |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $4M |
| Other Expenses | -$1M |
| Operating Expenses | $3M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$3M |
| Interest Income | $675 |
| Interest Expense | $26.9K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$769.1K |
| Income Tax Expense | $7.8K |
| Net Income from Continuing Ops | -$777.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$777.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$777.0K |
| D&A | $0 |
| EBIT | -$742.2K |
| EBITDA | -$742.2K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$777.0K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$496.1K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $568.5K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$550.0K |
| Sales/Maturities of Investments | $36M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $35M |
| Net Debt Issuance | $558.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | $568.5K |
| Net Change in Cash | -$24.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $358.9K |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $4M |
| Other Current Assets | $233.3K |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $18M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$18M |
| TOTAL NON-CURRENT ASSETS | $127.0K |
| TOTAL ASSETS | $7M |
| Account Payables | $9M |
| Short-Term Debt | $828.3K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $69.0K |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14.3K |
| TOTAL NON-CURRENT LIABILITIES | $14.3K |
| TOTAL LIABILITIES | $10M |
| Common Stock | $80.0K |
| Additional Paid-In Capital | $64.7K |
| Retained Earnings | -$2M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5.7K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$2M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$2M |
| TOTAL LIABILITIES & EQUITY | $18M |
| Total Debt | $828.3K |
| Net Debt | $469.4K |
