| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $107M | — | $117M | — | -8.4% |
| Op. Income | -$6M | — | -$8M | — | 22.4% |
| Gross Margin | 47.3% | — | 38.0% | — | 9.2pp |
| Net Margin | -3.9% | — | -5.7% | — | 1.7pp |
| EPS (Diluted) | $-0.48 | — | $-0.75 | — | 36.0% |
| Free Cash Flow | $1M | — | $17M | — | -91.5% |
| Item | Amount |
|---|---|
| REVENUE | $107M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $51M |
| R&D Expenses | $0 |
| Selling & Marketing | $846.0K |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $37M |
| Operating Expenses | $57M |
| Cost & Expenses | $113M |
| OPERATING INCOME | -$6M |
| Interest Income | $106M |
| Interest Expense | $50M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | -$2M |
| 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 | $691.0K |
| EBIT | -$6M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | -$27M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $30M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $270M |
| Net Receivables | $1.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $24M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $1.9B |
| Tax Assets | $14M |
| Other Non-Current Assets | -$1.9B |
| TOTAL NON-CURRENT ASSETS | $39M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $1M |
| Short-Term Debt | $191M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $649M |
| TOTAL CURRENT LIABILITIES | $841M |
| Long-Term Debt | $325M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $768M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $95.0K |
| Additional Paid-In Capital | $94M |
| Retained Earnings | $92M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $157M |
| Minority Interest | $0 |
| TOTAL EQUITY | $157M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $325M |
| Net Debt | $309M |
