| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | — | $16M | — | -43.0% |
| Op. Income | -$13M | — | -$15M | — | 9.9% |
| Gross Margin | 55.6% | — | 42.0% | — | 13.6pp |
| Net Margin | -135.6% | — | -140.2% | — | 4.6pp |
| EPS (Diluted) | $-0.27 | — | $-0.51 | — | 47.1% |
| Free Cash Flow | -$31M | — | -$9M | — | -244.0% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $5M |
| R&D Expenses | $17M |
| Selling & Marketing | $4M |
| General & Administrative | $11M |
| SG&A Expenses | $15M |
| Other Expenses | -$14M |
| Operating Expenses | $18M |
| Cost & Expenses | $22M |
| OPERATING INCOME | -$13M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | $445.0K |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $1M |
| EBIT | -$8M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$31M |
| Capital Expenditure | -$542.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$542.0K |
| Net Debt Issuance | $8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $17M |
| NET CASH FROM FINANCING | $36M |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $3M |
| Other Current Assets | $389.0K |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $65.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $837.0K |
| TOTAL NON-CURRENT ASSETS | $3M |
| TOTAL ASSETS | $20M |
| Account Payables | $1M |
| Short-Term Debt | $38M |
| Deferred Revenue | $48.0K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $61M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $79M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $501M |
| Retained Earnings | -$562M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$59M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$59M |
| TOTAL LIABILITIES & EQUITY | $20M |
| Total Debt | $43M |
| Net Debt | $42M |
