| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $97M | — | $87M | — | 11.2% |
| Op. Income | -$10M | — | -$12M | — | 15.8% |
| Gross Margin | 48.4% | — | 46.6% | — | 1.8pp |
| Net Margin | -10.3% | — | -13.7% | — | 3.3pp |
| EPS (Diluted) | $-0.51 | — | $-0.55 | — | 7.3% |
| Free Cash Flow | -$8M | — | $5M | — | -268.8% |
| Item | Amount |
|---|---|
| REVENUE | $97M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $467.0K |
| General & Administrative | $33M |
| SG&A Expenses | $33M |
| Other Expenses | $24M |
| Operating Expenses | $57M |
| Cost & Expenses | $107M |
| OPERATING INCOME | -$10M |
| Interest Income | $95M |
| Interest Expense | $48M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $3M |
| EBIT | -$10M |
| EBITDA | -$7M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$296.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$133M |
| Sales/Maturities of Investments | $140M |
| Other Investing Activities | -$100M |
| NET CASH FROM INVESTING | -$93M |
| Net Debt Issuance | -$39M |
| Common Stock Repurchased | -$16M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $166M |
| NET CASH FROM FINANCING | $112M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $53M |
| Short-Term Investments | $92M |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $155M |
| PP&E (Net) | $49M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $53M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.5B |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $301M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $345M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $285.0K |
| Additional Paid-In Capital | $281M |
| Retained Earnings | $142M |
| Treasury Stock | -$76M |
| Accum. Other Comp. Income | -$16M |
| Other Equity | -$18M |
| TOTAL STOCKHOLDERS' EQUITY | $313M |
| Minority Interest | $0 |
| TOTAL EQUITY | $313M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $324M |
| Net Debt | $271M |
