| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | — | $38M | — | -11.7% |
| Op. Income | -$33M | — | -$41M | — | 19.3% |
| Gross Margin | 53.7% | — | 63.1% | — | -9.4pp |
| Net Margin | -95.3% | — | -101.5% | — | 6.3pp |
| EPS (Diluted) | $-1.49 | — | $-1.83 | — | 18.6% |
| Free Cash Flow | -$12M | — | -$27M | — | 53.9% |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $18M |
| R&D Expenses | $20M |
| Selling & Marketing | $14M |
| General & Administrative | $19M |
| SG&A Expenses | $32M |
| Other Expenses | -$1M |
| Operating Expenses | $52M |
| Cost & Expenses | $67M |
| OPERATING INCOME | -$33M |
| Interest Income | $681.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $884.0K |
| INCOME BEFORE TAX | -$32M |
| Income Tax Expense | -$151.0K |
| Net Income from Continuing Ops | -$32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$32M |
| D&A | $8M |
| EBIT | -$33M |
| EBITDA | -$25M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$32M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$293.0K |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | -$570.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $20M |
| Other Investing Activities | -$654.0K |
| NET CASH FROM INVESTING | $12M |
| Net Debt Issuance | -$32.0K |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $3M |
| Net Receivables | $7M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $4M |
| Goodwill | $9M |
| Intangible Assets | $17M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $32M |
| TOTAL ASSETS | $53M |
| Account Payables | $501.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $63.0K |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $13M |
| Common Stock | $22.0K |
| Additional Paid-In Capital | $425M |
| Retained Earnings | -$383M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $40M |
| Minority Interest | $0 |
| TOTAL EQUITY | $40M |
| TOTAL LIABILITIES & EQUITY | $53M |
| Total Debt | $5M |
| Net Debt | -$5M |
