| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $47M | — | $45M | — | 4.5% |
| Op. Income | -$4M | — | -$638.0K | — | -461.6% |
| Gross Margin | 23.0% | — | 21.3% | — | 1.7pp |
| Net Margin | -45.3% | — | -5.7% | — | -39.6pp |
| EPS (Diluted) | $-4.12 | — | $-34.86 | — | 88.2% |
| Free Cash Flow | -$5M | — | $4M | — | -222.5% |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $11M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $50M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | -$4M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $391.0K |
| EBIT | -$4M |
| EBITDA | -$3M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $391.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$122.0K |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $547.0K |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $716.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $727.0K |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $17M |
| Other Current Assets | $349.0K |
| TOTAL CURRENT ASSETS | $23M |
| PP&E (Net) | $7M |
| Goodwill | $18M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $593.0K |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $51M |
| Account Payables | $5M |
| Short-Term Debt | $16M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $9M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $39M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $230M |
| Retained Earnings | -$218M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12M |
| Minority Interest | $0 |
| TOTAL EQUITY | $12M |
| TOTAL LIABILITIES & EQUITY | $51M |
| Total Debt | $29M |
| Net Debt | $28M |
