| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | — | $21M | — | 9.1% |
| Op. Income | -$56M | — | -$45M | — | -24.7% |
| Gross Margin | -18.3% | — | 47.6% | — | -65.9pp |
| Net Margin | -369.1% | — | -226.9% | — | -142.2pp |
| EPS (Diluted) | $-1.35 | — | $-0.98 | — | -37.8% |
| Free Cash Flow | -$47M | — | -$42M | — | -11.3% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $27M |
| GROSS PROFIT | -$4M |
| R&D Expenses | $14M |
| Selling & Marketing | $23M |
| General & Administrative | $18M |
| SG&A Expenses | $41M |
| Other Expenses | -$3M |
| Operating Expenses | $51M |
| Cost & Expenses | $79M |
| OPERATING INCOME | -$56M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | -$87M |
| Income Tax Expense | -$796.0K |
| Net Income from Continuing Ops | -$86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$86M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$106M |
| D&A | $8M |
| EBIT | -$81M |
| EBITDA | -$74M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$86M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$796.0K |
| Other Non-Cash Items | $34M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$46M |
| Capital Expenditure | -$425.0K |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $60M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $61M |
| FREE CASH FLOW | -$47M |
| Net Change in Cash | $117.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $623.0K |
| Inventory | $1M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $6M |
| Goodwill | $28M |
| Intangible Assets | $35M |
| Long-Term Investments | $33M |
| Tax Assets | $0 |
| Other Non-Current Assets | $209.0K |
| TOTAL NON-CURRENT ASSETS | $103M |
| TOTAL ASSETS | $121M |
| Account Payables | $4M |
| Short-Term Debt | $4M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $67M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $86M |
| TOTAL LIABILITIES | $107M |
| Common Stock | $0 |
| Additional Paid-In Capital | $24M |
| Retained Earnings | -$368M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $7M |
| TOTAL EQUITY | $14M |
| TOTAL LIABILITIES & EQUITY | $121M |
| Total Debt | $74M |
| Net Debt | $60M |
