| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $111M | — | $136M | — | -18.3% |
| Op. Income | -$11M | — | $7M | — | -258.5% |
| Gross Margin | 29.7% | — | 38.8% | — | -9.1pp |
| Net Margin | -8.8% | — | -4.9% | — | -3.9pp |
| EPS (Diluted) | $-0.76 | — | $-0.50 | — | -52.0% |
| Free Cash Flow | -$30M | — | -$13M | — | -133.4% |
| Item | Amount |
|---|---|
| REVENUE | $111M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $33M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $30M |
| Other Expenses | -$5M |
| Operating Expenses | $44M |
| Cost & Expenses | $122M |
| OPERATING INCOME | -$11M |
| Interest Income | $3M |
| Interest Expense | $169.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $388.0K |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $10M |
| EBIT | -$9M |
| EBITDA | $979.0K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$31.0K |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$22M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $30M |
| Other Investing Activities | $22M |
| NET CASH FROM INVESTING | $43M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$615.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$398.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$30M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $0 |
| Net Receivables | $28M |
| Inventory | $31M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $89M |
| PP&E (Net) | $32M |
| Goodwill | $1M |
| Intangible Assets | $5M |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $65M |
| TOTAL ASSETS | $153M |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4.0K |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $28M |
| Common Stock | $144.0K |
| Additional Paid-In Capital | $99M |
| Retained Earnings | $46M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $126M |
| Minority Interest | $0 |
| TOTAL EQUITY | $126M |
| TOTAL LIABILITIES & EQUITY | $153M |
| Total Debt | $974.0K |
| Net Debt | -$25M |
