| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | — | $47M | — | -48.6% |
| Op. Income | -$27M | — | -$11M | — | -143.2% |
| Gross Margin | 42.4% | — | 46.6% | — | -4.2pp |
| Net Margin | -132.2% | — | -39.4% | — | -92.7pp |
| EPS (Diluted) | $-0.72 | — | $-0.50 | — | -44.0% |
| Free Cash Flow | -$20M | — | -$10M | — | -99.8% |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $10M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $37M |
| Cost & Expenses | $51M |
| OPERATING INCOME | -$27M |
| Interest Income | $237.0K |
| Interest Expense | $603.0K |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$32M |
| Income Tax Expense | -$405.0K |
| 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 | $4M |
| EBIT | -$32M |
| EBITDA | -$28M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$32M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$525.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$191.0K |
| Acquisitions (Net) | -$908.0K |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | -$764.0K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $14M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$274.0K |
| NET CASH FROM FINANCING | $24M |
| FREE CASH FLOW | -$20M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $8M |
| Net Receivables | $4M |
| Inventory | $7M |
| Other Current Assets | $151.0K |
| TOTAL CURRENT ASSETS | $26M |
| PP&E (Net) | $4M |
| Goodwill | $13M |
| Intangible Assets | $9M |
| Long-Term Investments | $249.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $54M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $532.0K |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $12M |
| Deferred Revenue NC | $369.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $36M |
| Common Stock | $0 |
| Additional Paid-In Capital | $126M |
| Retained Earnings | -$108M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$335.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18M |
| Minority Interest | $0 |
| TOTAL EQUITY | $18M |
| TOTAL LIABILITIES & EQUITY | $54M |
| Total Debt | $16M |
| Net Debt | $11M |
