| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | — | $5M | — | 17.7% |
| Op. Income | -$15M | — | -$11M | — | -42.5% |
| Gross Margin | 12.6% | — | 21.3% | — | -8.7pp |
| Net Margin | -297.3% | — | -211.5% | — | -85.7pp |
| EPS (Diluted) | $-1.06 | — | $-3.22 | — | 67.0% |
| Free Cash Flow | -$18M | — | -$9M | — | -106.5% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $711.8K |
| R&D Expenses | $708.9K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $16M |
| Cost & Expenses | $21M |
| OPERATING INCOME | -$15M |
| Interest Income | $795.1K |
| Interest Expense | $0 |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $253.0K |
| EBIT | -$15M |
| EBITDA | -$15M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$674.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $50.9K |
| NET CASH FROM INVESTING | -$623.1K |
| Net Debt Issuance | -$112.6K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $92 |
| NET CASH FROM FINANCING | $80M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | $61M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66M |
| Short-Term Investments | $0 |
| Net Receivables | $760.5K |
| Inventory | $3M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $73M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $26.4K |
| Long-Term Investments | $52.2K |
| Tax Assets | $0 |
| Other Non-Current Assets | $3 |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $74M |
| Account Payables | $487.3K |
| Short-Term Debt | $104.9K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $32.5K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $127.6K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $168M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$103M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $71M |
| Minority Interest | $0 |
| TOTAL EQUITY | $71M |
| TOTAL LIABILITIES & EQUITY | $74M |
| Total Debt | $200.0K |
| Net Debt | -$66M |
