| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | — | $39M | — | -49.5% |
| Op. Income | -$18M | — | -$17M | — | -6.6% |
| Gross Margin | 11.1% | — | 13.6% | — | -2.6pp |
| Net Margin | -94.0% | — | -46.7% | — | -47.3pp |
| EPS (Diluted) | $-0.68 | — | $-0.74 | — | 8.1% |
| Free Cash Flow | -$6M | — | -$1M | — | -306.4% |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $2M |
| R&D Expenses | $1M |
| Selling & Marketing | $997.8K |
| General & Administrative | $16M |
| SG&A Expenses | $17M |
| Other Expenses | $2M |
| Operating Expenses | $20M |
| Cost & Expenses | $38M |
| OPERATING INCOME | -$18M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$743.9K |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$19M |
| D&A | $2M |
| EBIT | -$16M |
| EBITDA | -$15M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$19M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $897.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$720.5K |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$83.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$83.2K |
| Net Debt Issuance | $667.2K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$892.8K |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$806.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $344.2K |
| Short-Term Investments | $0 |
| Net Receivables | $587.3K |
| Inventory | $26M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $28M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $506.5K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $35M |
| Account Payables | $0 |
| Short-Term Debt | $11M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $37M |
| Common Stock | $81M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$97M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$2M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$2M |
| TOTAL LIABILITIES & EQUITY | $35M |
| Total Debt | $20M |
| Net Debt | $20M |
