| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $50M | — | $54M | — | -6.9% |
| Op. Income | -$7M | — | -$4M | — | -55.6% |
| Gross Margin | 41.4% | — | 45.2% | — | -3.8pp |
| Net Margin | -14.5% | — | -9.9% | — | -4.6pp |
| EPS (Diluted) | $-0.54 | — | $-0.39 | — | -38.5% |
| Free Cash Flow | -$7M | — | $1M | — | -743.9% |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $21M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $57M |
| OPERATING INCOME | -$7M |
| Interest Income | $92.0K |
| Interest Expense | $28.0K |
| Other Income/Expenses | -$387.0K |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | -$32.0K |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $2M |
| EBIT | -$7M |
| EBITDA | -$5M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$836.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$836.0K |
| Net Debt Issuance | -$146.0K |
| Common Stock Repurchased | -$634.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $253.0K |
| NET CASH FROM FINANCING | -$527.0K |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $14M |
| PP&E (Net) | $12M |
| Goodwill | $335.0K |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $185.0K |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $26M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $12M |
| Other Current Liabilities | $150.0K |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $401.0K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $28M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $83M |
| Retained Earnings | -$85M |
| Treasury Stock | -$708.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$2M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$2M |
| TOTAL LIABILITIES & EQUITY | $26M |
| Total Debt | $7M |
| Net Debt | $5M |
