| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | — | $0 | — | — |
| Op. Income | -$93M | — | -$78M | — | -18.7% |
| Gross Margin | 100.0% | — | — | — | — |
| Net Margin | -896.1% | — | — | — | — |
| EPS (Diluted) | $-2.24 | — | $-6.63 | — | 66.2% |
| Free Cash Flow | -$82M | — | -$52M | — | -58.7% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $213.0K |
| GROSS PROFIT | $9M |
| R&D Expenses | $74M |
| Selling & Marketing | $0 |
| General & Administrative | $28M |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $102M |
| Cost & Expenses | $102M |
| OPERATING INCOME | -$93M |
| Interest Income | $13M |
| Interest Expense | $697.0K |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | -$81M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$81M |
| D&A | $213.0K |
| EBIT | -$93M |
| EBITDA | -$93M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$81M |
| Depreciation & Amortization | $213.0K |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | -$82M |
| Capital Expenditure | -$719.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$155M |
| Sales/Maturities of Investments | $60M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$95M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | -$82M |
| Net Change in Cash | -$165M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $189M |
| Short-Term Investments | $92M |
| Net Receivables | $769.0K |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $287M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $100.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $295M |
| Account Payables | $3M |
| Short-Term Debt | $3M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $370.0K |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $23M |
| Common Stock | $0 |
| Additional Paid-In Capital | $605M |
| Retained Earnings | -$333M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $278.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $272M |
| Minority Interest | $0 |
| TOTAL EQUITY | $272M |
| TOTAL LIABILITIES & EQUITY | $295M |
| Total Debt | $6M |
| Net Debt | -$183M |
