| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $593.0K | — | $683.0K | — | -13.2% |
| Op. Income | -$49M | — | -$49M | — | -0.6% |
| Gross Margin | -52.4% | — | 100.0% | — | -152.4pp |
| Net Margin | -7736.3% | — | -6651.7% | — | -1084.6pp |
| EPS (Diluted) | $-0.69 | — | $-0.95 | — | 27.4% |
| Free Cash Flow | -$38M | — | -$38M | — | -0.5% |
| Item | Amount |
|---|---|
| REVENUE | $593.0K |
| Cost of Revenue | $904.0K |
| GROSS PROFIT | -$311.0K |
| R&D Expenses | $35M |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | -$904.0K |
| Operating Expenses | $49M |
| Cost & Expenses | $50M |
| OPERATING INCOME | -$49M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$46M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$46M |
| D&A | $904.0K |
| EBIT | -$46M |
| EBITDA | -$45M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$46M |
| Depreciation & Amortization | $904.0K |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$848.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$38M |
| Capital Expenditure | -$44.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$71M |
| Sales/Maturities of Investments | $73M |
| Other Investing Activities | -$744.0K |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$38M |
| Net Change in Cash | -$34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $41M |
| Net Receivables | $182.0K |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $60M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $549.0K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $62M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $102.0K |
| TOTAL LIABILITIES | $16M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $475M |
| Retained Earnings | -$430M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $50.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $45M |
| Minority Interest | $0 |
| TOTAL EQUITY | $45M |
| TOTAL LIABILITIES & EQUITY | $62M |
| Total Debt | $832.0K |
| Net Debt | -$17M |
