| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $64.0K | — | $26M | — | -99.8% |
| Op. Income | -$58M | — | -$22M | — | -158.7% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | -86687.5% | — | -60.0% | — | -86627.5pp |
| EPS (Diluted) | $-1.00 | — | $-0.28 | — | -257.1% |
| Free Cash Flow | -$52M | — | -$24M | — | -112.0% |
| Item | Amount |
|---|---|
| REVENUE | $64.0K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $64.0K |
| R&D Expenses | $38M |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $58M |
| Cost & Expenses | $58M |
| OPERATING INCOME | -$58M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$55M |
| Income Tax Expense | $197.0K |
| Net Income from Continuing Ops | -$55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$55M |
| D&A | $704.0K |
| EBIT | -$58M |
| EBITDA | -$57M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$55M |
| Depreciation & Amortization | $704.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$736.0K |
| Change in Working Capital | $580.0K |
| OPERATING CASH FLOW | -$51M |
| Capital Expenditure | -$434.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$30M |
| Sales/Maturities of Investments | $40M |
| Other Investing Activities | $775.0K |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$52M |
| Net Change in Cash | -$40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $6M |
| Net Receivables | $161.0K |
| Inventory | $0 |
| Other Current Assets | $29.0K |
| TOTAL CURRENT ASSETS | $51M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $45.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $646.0K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $56M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $167.0K |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $114.0K |
| TOTAL NON-CURRENT LIABILITIES | $482.0K |
| TOTAL LIABILITIES | $14M |
| Common Stock | $10.0K |
| Additional Paid-In Capital | $444M |
| Retained Earnings | -$401M |
| Treasury Stock | -$180.0K |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $42M |
| Minority Interest | $0 |
| TOTAL EQUITY | $42M |
| TOTAL LIABILITIES & EQUITY | $56M |
| Total Debt | $690.0K |
| Net Debt | -$38M |
