Reported January 30, 2026
| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | — | $36M | — | -92.4% |
| Op. Income | -$2M | — | $5M | — | -132.6% |
| Gross Margin | 10.8% | — | 17.8% | — | -7.0pp |
| Net Margin | -63.2% | — | 12.0% | — | -75.2pp |
| EPS (Diluted) | $-0.07 | — | $0.21 | — | -131.8% |
| Free Cash Flow | -$617.2K | — | -$4M | — | 82.6% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $293.2K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$2M |
| Interest Income | $187 |
| Interest Expense | $0 |
| Other Income/Expenses | $343 |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $27.2K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $2.1K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $2.1K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$2.5K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$741.3K |
| OPERATING CASH FLOW | -$617.2K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$34.9K |
| NET CASH FROM FINANCING | $588.1K |
| FREE CASH FLOW | -$617.2K |
| Net Change in Cash | -$33.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23.8K |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $2M |
| Other Current Assets | $13.6K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $3.6K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $2.5K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $6.2K |
| TOTAL ASSETS | $2M |
| Account Payables | $26 |
| Short-Term Debt | $2.4K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18.6K |
| TOTAL CURRENT LIABILITIES | $32.3K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $32.3K |
| Common Stock | $3.3K |
| Additional Paid-In Capital | $2M |
| Retained Earnings | $11.1K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.8K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $0 |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $2M |
| Total Debt | $2.4K |
| Net Debt | -$21.4K |