| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $56M | — | $79M | — | -29.1% |
| Op. Income | -$14M | — | -$2M | — | -559.8% |
| Gross Margin | 62.8% | — | 66.3% | — | -3.5pp |
| Net Margin | -26.1% | — | -4.9% | — | -21.3pp |
| EPS (Diluted) | $-0.72 | — | $-0.21 | — | -242.9% |
| Free Cash Flow | -$9M | — | $240.0K | — | -3902.9% |
| Item | Amount |
|---|---|
| REVENUE | $56M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $35M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $40M |
| Other Expenses | -$1M |
| Operating Expenses | $49M |
| Cost & Expenses | $70M |
| OPERATING INCOME | -$14M |
| Interest Income | $757.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$934.0K |
| INCOME BEFORE TAX | -$15M |
| Income Tax Expense | $61.0K |
| Net Income from Continuing Ops | -$15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$15M |
| D&A | $4M |
| EBIT | -$12M |
| EBITDA | -$8M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$15M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$211.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $17M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $14M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $48M |
| PP&E (Net) | $199.0K |
| Goodwill | $0 |
| Intangible Assets | $32M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $32M |
| TOTAL ASSETS | $80M |
| Account Payables | $16M |
| Short-Term Debt | $625.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $35M |
| Long-Term Debt | $25M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $60M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $107M |
| Retained Earnings | -$87M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20M |
| Minority Interest | $0 |
| TOTAL EQUITY | $20M |
| TOTAL LIABILITIES & EQUITY | $80M |
| Total Debt | $26M |
| Net Debt | $5M |
