| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | — | $27M | — | -17.3% |
| Op. Income | -$37M | — | -$58M | — | 36.5% |
| Gross Margin | 56.6% | — | 49.1% | — | 7.6pp |
| Net Margin | -186.6% | — | -158.1% | — | -28.5pp |
| EPS (Diluted) | $1.24 | — | $-0.74 | — | 267.6% |
| Free Cash Flow | -$26M | — | -$39M | — | 32.6% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $13M |
| R&D Expenses | $14M |
| Selling & Marketing | $20M |
| General & Administrative | $15M |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $49M |
| Cost & Expenses | $59M |
| OPERATING INCOME | -$37M |
| Interest Income | $943.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$42M |
| Income Tax Expense | $105.0K |
| Net Income from Continuing Ops | -$42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$42M |
| Net Income Deductions | -$21M |
| BOTTOM LINE NET INCOME | -$40M |
| D&A | $4M |
| EBIT | -$37M |
| EBITDA | -$33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | -$42M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$26M |
| Capital Expenditure | -$142.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $185.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $24M |
| FREE CASH FLOW | -$26M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $4M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $35M |
| PP&E (Net) | $0 |
| Goodwill | $57M |
| Intangible Assets | $16M |
| Long-Term Investments | $80.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $75M |
| TOTAL ASSETS | $110M |
| Account Payables | $3M |
| Short-Term Debt | $430.0K |
| Deferred Revenue | $714.0K |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $31M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $33M |
| TOTAL LIABILITIES | $42M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $520M |
| Retained Earnings | -$452M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $68M |
| Minority Interest | $0 |
| TOTAL EQUITY | $68M |
| TOTAL LIABILITIES & EQUITY | $110M |
| Total Debt | $32M |
| Net Debt | $6M |
