| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $74M | — | $97M | — | -23.4% |
| Op. Income | -$5M | — | -$13M | — | 65.2% |
| Gross Margin | 7.3% | — | 1.8% | — | 5.5pp |
| Net Margin | -5.6% | — | -12.5% | — | 7.0pp |
| EPS (Diluted) | $-0.13 | — | $-0.45 | — | 71.1% |
| Free Cash Flow | -$4M | — | -$3M | — | -28.3% |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $5M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $79M |
| OPERATING INCOME | -$5M |
| Interest Income | $308.0K |
| Interest Expense | $159.0K |
| Other Income/Expenses | $437.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $7.0K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $6M |
| EBIT | -$4M |
| EBITDA | $2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $265.0K |
| Other Investing Activities | $865.0K |
| NET CASH FROM INVESTING | -$735.0K |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | -$76.0K |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $391.0K |
| Other Current Assets | $634.0K |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $16M |
| Goodwill | $0 |
| Intangible Assets | $348.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $31M |
| Account Payables | $3M |
| Short-Term Debt | $168.0K |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $16.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $310.0K |
| Additional Paid-In Capital | $157M |
| Retained Earnings | -$138M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17M |
| Minority Interest | $0 |
| TOTAL EQUITY | $17M |
| TOTAL LIABILITIES & EQUITY | $31M |
| Total Debt | $6M |
| Net Debt | $4M |
