| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32M | — | $25M | — | 27.2% |
| Op. Income | -$13M | — | -$12M | — | -8.1% |
| Gross Margin | 86.8% | — | 85.0% | — | 1.8pp |
| Net Margin | -43.6% | — | -47.2% | — | 3.6pp |
| EPS (Diluted) | $-1.65 | — | $-1.59 | — | -3.8% |
| Free Cash Flow | -$8M | — | -$7M | — | -18.8% |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $28M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $41M |
| Cost & Expenses | $45M |
| OPERATING INCOME | -$13M |
| Interest Income | $298.0K |
| Interest Expense | $590.0K |
| Other Income/Expenses | -$810.0K |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | $3.0K |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$14M |
| D&A | $2M |
| EBIT | -$13M |
| EBITDA | -$11M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $849.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$66.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $4M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $5M |
| Net Receivables | $1M |
| Inventory | $2M |
| Other Current Assets | -$3M |
| TOTAL CURRENT ASSETS | $12M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $19M |
| Account Payables | $3M |
| Short-Term Debt | $375.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $20M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $189M |
| Retained Earnings | -$191M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $99.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$2M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$2M |
| TOTAL LIABILITIES & EQUITY | $19M |
| Total Debt | $9M |
| Net Debt | $2M |
