| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | — | $0 | — | — |
| Op. Income | -$36M | — | -$55M | — | 35.0% |
| Gross Margin | 99.7% | — | — | — | — |
| Net Margin | -710.6% | — | — | — | — |
| EPS (Diluted) | $-3.33 | — | $-4.89 | — | 31.9% |
| Free Cash Flow | -$34M | — | -$52M | — | 35.1% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $5M |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $912.1K |
| Operating Expenses | $41M |
| Cost & Expenses | $41M |
| OPERATING INCOME | -$36M |
| Interest Income | $1.0K |
| Interest Expense | $2M |
| Other Income/Expenses | $567.5K |
| INCOME BEFORE TAX | -$36M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$36M |
| D&A | $1M |
| EBIT | -$36M |
| EBITDA | -$35M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$36M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$34M |
| Capital Expenditure | -$187.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | -$37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $27M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $19.0K |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $253.0K |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $34M |
| Account Payables | $13M |
| Short-Term Debt | $25M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $597.0K |
| TOTAL CURRENT LIABILITIES | $42M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $43M |
| Common Stock | $12.0K |
| Additional Paid-In Capital | $439M |
| Retained Earnings | -$465M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$8M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$8M |
| TOTAL LIABILITIES & EQUITY | $34M |
| Total Debt | $26M |
| Net Debt | $3M |
