| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.0K | — | $8.0K | — | 0.0% |
| Op. Income | -$33M | — | -$32M | — | -4.8% |
| Gross Margin | -7075.0% | — | -11187.5% | — | 4112.5pp |
| Net Margin | -401812.5% | — | -373362.5% | — | -28450.0pp |
| EPS (Diluted) | $-0.86 | — | $-0.95 | — | 9.5% |
| Free Cash Flow | -$26M | — | -$22M | — | -22.0% |
| Item | Amount |
|---|---|
| REVENUE | $8.0K |
| Cost of Revenue | $574.0K |
| GROSS PROFIT | -$566.0K |
| R&D Expenses | $20M |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | -$574.0K |
| Operating Expenses | $33M |
| Cost & Expenses | $33M |
| OPERATING INCOME | -$33M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$32M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$32M |
| D&A | $574.0K |
| EBIT | -$33M |
| EBITDA | -$33M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$32M |
| Depreciation & Amortization | $244.0K |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$25M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$18M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | -$26M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $9M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $535.0K |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $144.0K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $19M |
| Account Payables | $0 |
| Short-Term Debt | $427.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $38.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$284M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $9.0K |
| Other Equity | $295M |
| TOTAL STOCKHOLDERS' EQUITY | $12M |
| Minority Interest | $0 |
| TOTAL EQUITY | $12M |
| TOTAL LIABILITIES & EQUITY | $19M |
| Total Debt | $2M |
| Net Debt | -$4M |
