| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $101M | — | $113M | — | -10.7% |
| Op. Income | -$7M | — | -$15M | — | 55.1% |
| Gross Margin | 35.8% | — | 31.4% | — | 4.4pp |
| Net Margin | -8.4% | — | -11.1% | — | 2.7pp |
| EPS (Diluted) | $-0.60 | — | $-0.89 | — | 32.6% |
| Free Cash Flow | $5M | — | -$11M | — | 146.8% |
| Item | Amount |
|---|---|
| REVENUE | $101M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $36M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $34M |
| Other Expenses | $5M |
| Operating Expenses | $43M |
| Cost & Expenses | $108M |
| OPERATING INCOME | -$7M |
| Interest Income | $57.0K |
| Interest Expense | $557.0K |
| Other Income/Expenses | -$782.0K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $975.0K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $3M |
| EBIT | -$7M |
| EBITDA | -$4M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$84.0K |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$111.0K |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $22M |
| Inventory | $27M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $65M |
| PP&E (Net) | $28M |
| Goodwill | $21M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $185.0K |
| Other Non-Current Assets | $884.0K |
| TOTAL NON-CURRENT ASSETS | $55M |
| TOTAL ASSETS | $119M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $9M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $37M |
| Common Stock | $143.0K |
| Additional Paid-In Capital | $128M |
| Retained Earnings | -$46M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$720.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $82M |
| Minority Interest | $0 |
| TOTAL EQUITY | $82M |
| TOTAL LIABILITIES & EQUITY | $119M |
| Total Debt | $18M |
| Net Debt | $6M |
