| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | — | $36M | — | 4.1% |
| Op. Income | -$14M | — | -$17M | — | 15.2% |
| Gross Margin | 71.5% | — | 70.6% | — | 0.9pp |
| Net Margin | -22.1% | — | -58.2% | — | 36.1pp |
| EPS (Diluted) | $-0.13 | — | $-0.38 | — | 65.8% |
| Free Cash Flow | -$13M | — | -$15M | — | 14.8% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $26M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $41M |
| Cost & Expenses | $51M |
| OPERATING INCOME | -$14M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | -$401.0K |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $1M |
| EBIT | -$14M |
| EBITDA | -$13M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $955.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$164.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$251.0K |
| NET CASH FROM INVESTING | -$415.0K |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $5M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $19M |
| Goodwill | $3M |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $53.0K |
| TOTAL NON-CURRENT ASSETS | $24M |
| TOTAL ASSETS | $44M |
| Account Payables | $3M |
| Short-Term Debt | $541.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $17M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $29M |
| TOTAL LIABILITIES | $38M |
| Common Stock | $63.0K |
| Additional Paid-In Capital | $321M |
| Retained Earnings | -$312M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $44M |
| Total Debt | $29M |
| Net Debt | $23M |
