| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | — | $2M | — | 442.3% |
| Op. Income | -$36M | — | -$3M | — | -1111.9% |
| Gross Margin | 97.8% | — | 98.5% | — | -0.7pp |
| Net Margin | -648.1% | — | -129.9% | — | -518.2pp |
| EPS (Diluted) | $-4.00 | — | $-0.28 | — | -1333.1% |
| Free Cash Flow | -$18M | — | -$2M | — | -637.0% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $249.0K |
| GROSS PROFIT | $11M |
| R&D Expenses | $1M |
| Selling & Marketing | $2M |
| General & Administrative | $14M |
| SG&A Expenses | $17M |
| Other Expenses | $30M |
| Operating Expenses | $48M |
| Cost & Expenses | $48M |
| OPERATING INCOME | -$36M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | -$74M |
| Income Tax Expense | $9.0K |
| Net Income from Continuing Ops | -$74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$74M |
| D&A | $1M |
| EBIT | -$65M |
| EBITDA | -$64M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$74M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $47M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$2.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$219M |
| NET CASH FROM INVESTING | -$222M |
| Net Debt Issuance | $149M |
| Common Stock Repurchased | -$87M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | $243M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $4M |
| Net Receivables | $52.0K |
| Inventory | $0 |
| Other Current Assets | $112M |
| TOTAL CURRENT ASSETS | $122M |
| PP&E (Net) | $0 |
| Goodwill | $607.0K |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $182M |
| TOTAL NON-CURRENT ASSETS | $185M |
| TOTAL ASSETS | $307M |
| Account Payables | $7M |
| Short-Term Debt | $107.0K |
| Deferred Revenue | $82.0K |
| Other Current Liabilities | $74M |
| TOTAL CURRENT LIABILITIES | $81M |
| Long-Term Debt | $127M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $127M |
| TOTAL LIABILITIES | $208M |
| Common Stock | $0 |
| Additional Paid-In Capital | $203M |
| Retained Earnings | -$92M |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | -$27.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $99M |
| Minority Interest | $0 |
| TOTAL EQUITY | $99M |
| TOTAL LIABILITIES & EQUITY | $307M |
| Total Debt | $127M |
| Net Debt | $122M |
