| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $400.0K | — | $225.0K | — | 77.8% |
| Op. Income | -$19M | — | -$17M | — | -11.8% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | -4594.3% | — | -11069.8% | — | 6475.5pp |
| EPS (Diluted) | $-1.75 | — | $-6.50 | — | 73.1% |
| Free Cash Flow | -$15M | — | -$19M | — | 18.4% |
| Item | Amount |
|---|---|
| REVENUE | $400.0K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $400.0K |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $19M |
| OPERATING INCOME | -$19M |
| Interest Income | $437.0K |
| Interest Expense | $212.0K |
| Other Income/Expenses | $225.0K |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$18M |
| D&A | $1M |
| EBIT | -$18M |
| EBITDA | -$17M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$18M |
| Depreciation & Amortization | $291.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $773.0K |
| Change in Working Capital | $479.0K |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$16.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $758.0K |
| NET CASH FROM INVESTING | $742.0K |
| Net Debt Issuance | -$771.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $105.0K |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $7M |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $26.0K |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $23M |
| Account Payables | $2M |
| Short-Term Debt | $766.0K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $876.0K |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $19.0K |
| Additional Paid-In Capital | $347M |
| Retained Earnings | -$332M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15M |
| Minority Interest | $0 |
| TOTAL EQUITY | $15M |
| TOTAL LIABILITIES & EQUITY | $23M |
| Total Debt | $4M |
| Net Debt | -$5M |
