| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $104M | — | $78M | — | 32.8% |
| Op. Income | -$31M | — | -$31M | — | 1.6% |
| Gross Margin | 28.7% | — | 20.9% | — | 7.9pp |
| Net Margin | -51.4% | — | -101.7% | — | 50.3pp |
| EPS (Diluted) | $-2.84 | — | $-4.16 | — | 31.7% |
| Free Cash Flow | -$44M | — | -$42M | — | -4.8% |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $30M |
| R&D Expenses | $18M |
| Selling & Marketing | $16M |
| General & Administrative | $22M |
| SG&A Expenses | $38M |
| Other Expenses | $5M |
| Operating Expenses | $61M |
| Cost & Expenses | $134M |
| OPERATING INCOME | -$31M |
| Interest Income | -$11M |
| Interest Expense | $12M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | -$53M |
| Income Tax Expense | $62.0K |
| Net Income from Continuing Ops | -$53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$53M |
| D&A | $7M |
| EBIT | -$42M |
| EBITDA | -$35M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$53M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$32M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $161.0K |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$19M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | $45M |
| FREE CASH FLOW | -$44M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $24M |
| Inventory | $16M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $55M |
| PP&E (Net) | $38M |
| Goodwill | $20M |
| Intangible Assets | $19M |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $84M |
| TOTAL ASSETS | $138M |
| Account Payables | $18M |
| Short-Term Debt | $17M |
| Deferred Revenue | $883.0K |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $57M |
| Long-Term Debt | $22M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $33M |
| TOTAL LIABILITIES | $90M |
| Common Stock | $865.0K |
| Additional Paid-In Capital | $275M |
| Retained Earnings | -$225M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $48M |
| Minority Interest | $0 |
| TOTAL EQUITY | $48M |
| TOTAL LIABILITIES & EQUITY | $138M |
| Total Debt | $48M |
| Net Debt | $43M |
