| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $219.0K | — | $368.1K | — | -40.5% |
| Op. Income | -$26M | — | -$23M | — | -12.5% |
| Gross Margin | 38.0% | — | -45.5% | — | 83.5pp |
| Net Margin | -10717.7% | — | -7946.0% | — | -2771.7pp |
| EPS (Diluted) | $-5.17 | — | $-22.13 | — | 76.6% |
| Free Cash Flow | -$25M | — | -$11M | — | -135.3% |
| Item | Amount |
|---|---|
| REVENUE | $219.0K |
| Cost of Revenue | $135.7K |
| GROSS PROFIT | $83.2K |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $26M |
| Cost & Expenses | $26M |
| OPERATING INCOME | -$26M |
| Interest Income | $197.4K |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$23M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $1M |
| EBIT | -$26M |
| EBITDA | -$24M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$555.7K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$24M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$87M |
| Sales/Maturities of Investments | $55M |
| Other Investing Activities | -$29.1K |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $35M |
| FREE CASH FLOW | -$25M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $990.0K |
| Short-Term Investments | $34M |
| Net Receivables | $2M |
| Inventory | $2M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $40M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $466.2K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $518.6K |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $50M |
| Account Payables | $217.4K |
| Short-Term Debt | $312.4K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $11M |
| Common Stock | $80 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$217M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $256M |
| TOTAL STOCKHOLDERS' EQUITY | $39M |
| Minority Interest | $0 |
| TOTAL EQUITY | $39M |
| TOTAL LIABILITIES & EQUITY | $50M |
| Total Debt | $7M |
| Net Debt | $6M |
