| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | — | $4M | — | 43.9% |
| Op. Income | -$12M | — | -$10M | — | -15.7% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | -188.6% | — | -217.8% | — | 29.2pp |
| EPS (Diluted) | $-0.61 | — | $-0.49 | — | -24.5% |
| Free Cash Flow | -$47M | — | $25M | — | -292.4% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $6M |
| R&D Expenses | $6M |
| Selling & Marketing | $6M |
| General & Administrative | $43M |
| SG&A Expenses | $49M |
| Other Expenses | -$37M |
| Operating Expenses | $18M |
| Cost & Expenses | $18M |
| OPERATING INCOME | -$12M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $548.0K |
| EBIT | -$49M |
| EBITDA | -$48M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $548.0K |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $325.0K |
| Other Non-Cash Items | -$39M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | -$29M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $23M |
| NET CASH FROM INVESTING | $23M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | -$47M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $61M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $229M |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $272M |
| TOTAL ASSETS | $333M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $123M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $149M |
| TOTAL LIABILITIES | $177M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $549M |
| Retained Earnings | -$392M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $157M |
| Minority Interest | $0 |
| TOTAL EQUITY | $157M |
| TOTAL LIABILITIES & EQUITY | $333M |
| Total Debt | $5M |
| Net Debt | -$42M |
