| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $292M | — | $304M | — | -3.8% |
| Op. Income | -$40M | — | -$192M | — | 79.2% |
| Gross Margin | 53.9% | — | 50.9% | — | 3.0pp |
| Net Margin | -11.6% | — | -60.7% | — | 49.0pp |
| EPS (Diluted) | $-0.83 | — | $-4.59 | — | 81.9% |
| Free Cash Flow | -$15M | — | -$34M | — | 57.0% |
| Item | Amount |
|---|---|
| REVENUE | $292M |
| Cost of Revenue | $135M |
| GROSS PROFIT | $158M |
| R&D Expenses | $26M |
| Selling & Marketing | $103M |
| General & Administrative | $42M |
| SG&A Expenses | $145M |
| Other Expenses | $26M |
| Operating Expenses | $198M |
| Cost & Expenses | $332M |
| OPERATING INCOME | -$40M |
| Interest Income | $978.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | -$34M |
| Income Tax Expense | -$39.0K |
| Net Income from Continuing Ops | -$34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$34M |
| D&A | $26M |
| EBIT | -$24M |
| EBITDA | $2M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$34M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$988.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$255.0K |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $56M |
| Short-Term Investments | $0 |
| Net Receivables | $43M |
| Inventory | $62M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $168M |
| PP&E (Net) | $32M |
| Goodwill | $0 |
| Intangible Assets | $69M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $112M |
| TOTAL ASSETS | $280M |
| Account Payables | $33M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $76M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $97M |
| Common Stock | $385.0K |
| Additional Paid-In Capital | $621M |
| Retained Earnings | -$429M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $183M |
| Minority Interest | $0 |
| TOTAL EQUITY | $183M |
| TOTAL LIABILITIES & EQUITY | $280M |
| Total Debt | $0 |
| Net Debt | -$56M |
