| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $136M | — | $177M | — | -23.1% |
| Op. Income | -$19M | — | -$26M | — | 26.0% |
| Gross Margin | 34.5% | — | 35.8% | — | -1.3pp |
| Net Margin | -20.9% | — | -22.2% | — | 1.3pp |
| EPS (Diluted) | $-75.54 | — | $-128.40 | — | 41.2% |
| Free Cash Flow | -$945.0K | — | $10M | — | -109.2% |
| Item | Amount |
|---|---|
| REVENUE | $136M |
| Cost of Revenue | $89M |
| GROSS PROFIT | $47M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $62M |
| SG&A Expenses | $62M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $155M |
| OPERATING INCOME | -$19M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | -$30M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$30M |
| D&A | $21M |
| EBIT | -$20M |
| EBITDA | $537.0K |
| EPS | -$76 |
| EPS Diluted | -$76 |
| Item | Amount |
|---|---|
| Net Income | -$28M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | -$439.0K |
| Capital Expenditure | -$506.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$506.0K |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | -$945.0K |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $18M |
| Inventory | $43M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $78M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $26M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $790.0K |
| TOTAL NON-CURRENT ASSETS | $37M |
| TOTAL ASSETS | $115M |
| Account Payables | $21M |
| Short-Term Debt | $37M |
| Deferred Revenue | $9M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $77M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $901.0K |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $51M |
| TOTAL LIABILITIES | $128M |
| Common Stock | $0 |
| Additional Paid-In Capital | $119M |
| Retained Earnings | -$133M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $227.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$13M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$13M |
| TOTAL LIABILITIES & EQUITY | $115M |
| Total Debt | $46M |
| Net Debt | $38M |
