| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $49M | — | $67M | — | -26.8% |
| Op. Income | -$12M | — | -$16M | — | 28.3% |
| Gross Margin | 14.8% | — | 1.8% | — | 13.0pp |
| Net Margin | -22.9% | — | -23.8% | — | 1.0pp |
| EPS (Diluted) | $-0.77 | — | $-1.30 | — | 40.8% |
| Free Cash Flow | -$3M | — | -$14M | — | 79.0% |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $7M |
| R&D Expenses | $2M |
| Selling & Marketing | $200.0K |
| General & Administrative | $21M |
| SG&A Expenses | $22M |
| Other Expenses | -$4M |
| Operating Expenses | $19M |
| Cost & Expenses | $61M |
| OPERATING INCOME | -$12M |
| Interest Income | $205.0K |
| Interest Expense | $34.0K |
| Other Income/Expenses | $281.0K |
| INCOME BEFORE TAX | -$11M |
| Income Tax Expense | -$94.0K |
| 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 | $5M |
| EBIT | -$11M |
| EBITDA | -$7M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$828.0K |
| Acquisitions (Net) | -$513.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $61.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $645.0K |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $12M |
| Other Current Assets | $224.0K |
| TOTAL CURRENT ASSETS | $27M |
| PP&E (Net) | $16M |
| Goodwill | $11M |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $119.0K |
| TOTAL NON-CURRENT ASSETS | $34M |
| TOTAL ASSETS | $61M |
| Account Payables | $9M |
| Short-Term Debt | $63.0K |
| Deferred Revenue | $847.0K |
| Other Current Liabilities | $99.0K |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $199.0K |
| Deferred Revenue NC | $800.0K |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $20M |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $147M |
| Retained Earnings | -$105M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $41M |
| Minority Interest | $0 |
| TOTAL EQUITY | $41M |
| TOTAL LIABILITIES & EQUITY | $61M |
| Total Debt | $2M |
| Net Debt | -$3M |
