| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | — | $4M | — | 304.8% |
| Op. Income | -$6M | — | -$8M | — | 26.5% |
| Gross Margin | 12.2% | — | 23.2% | — | -11.0pp |
| Net Margin | -202.2% | — | -31.2% | — | -171.0pp |
| EPS (Diluted) | $-1.00 | — | $-0.08 | — | -1178.8% |
| Free Cash Flow | -$10M | — | -$4M | — | -177.3% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $2M |
| R&D Expenses | $679.4K |
| Selling & Marketing | $602.5K |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | $3M |
| Operating Expenses | $8M |
| Cost & Expenses | $22M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | -$33M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$33M |
| D&A | $4.1K |
| EBIT | -$6M |
| EBITDA | -$6M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$33M |
| Depreciation & Amortization | $4.1K |
| Stock-Based Compensation | $657.1K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $21M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$12.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$500.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$197M |
| NET CASH FROM INVESTING | -$197M |
| Net Debt Issuance | $78M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $145.3K |
| NET CASH FROM FINANCING | $207M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$451.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $212M |
| TOTAL CURRENT ASSETS | $214M |
| PP&E (Net) | $14.4K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $600.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $614.4K |
| TOTAL ASSETS | $215M |
| Account Payables | $38.5K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $63M |
| TOTAL CURRENT LIABILITIES | $63M |
| Long-Term Debt | $12M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $75M |
| Common Stock | $46.9K |
| Additional Paid-In Capital | $311M |
| Retained Earnings | -$173M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $139M |
| Minority Interest | $0 |
| TOTAL EQUITY | $139M |
| TOTAL LIABILITIES & EQUITY | $215M |
| Total Debt | $12M |
| Net Debt | $10M |
