| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | — | $3M | — | 31.3% |
| Op. Income | -$90M | — | -$63M | — | -43.5% |
| Gross Margin | -1117.6% | — | -981.4% | — | -136.1pp |
| Net Margin | -1218.0% | — | -1111.9% | — | -106.2pp |
| EPS (Diluted) | $-0.30 | — | $-0.26 | — | -16.7% |
| Free Cash Flow | -$44M | — | -$26M | — | -73.7% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $44M |
| GROSS PROFIT | -$40M |
| R&D Expenses | $44M |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $50M |
| Cost & Expenses | $94M |
| OPERATING INCOME | -$90M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $46M |
| INCOME BEFORE TAX | -$44M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$44M |
| D&A | $2M |
| EBIT | -$46M |
| EBITDA | -$45M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$44M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $830.9K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$44M |
| Capital Expenditure | -$32.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$27M |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | -$193.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$181.7K |
| NET CASH FROM FINANCING | -$375.0K |
| FREE CASH FLOW | -$44M |
| Net Change in Cash | -$67M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $48M |
| Short-Term Investments | $44M |
| Net Receivables | $5.3K |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $106M |
| PP&E (Net) | $406.7K |
| Goodwill | $78.5K |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $83.3K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $112M |
| Account Payables | $4M |
| Short-Term Debt | $789.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $319.2K |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $195.9K |
| TOTAL NON-CURRENT LIABILITIES | $420.8K |
| TOTAL LIABILITIES | $10M |
| Common Stock | $382M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$317M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $38M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $103M |
| Minority Interest | $0 |
| TOTAL EQUITY | $103M |
| TOTAL LIABILITIES & EQUITY | $112M |
| Total Debt | $1M |
| Net Debt | -$47M |
