| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | — | $15M | — | -77.9% |
| Op. Income | -$62M | — | -$60M | — | -3.6% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | -1694.9% | — | -392.0% | — | -1302.9pp |
| EPS (Diluted) | $-0.62 | — | $-0.71 | — | 13.1% |
| Free Cash Flow | -$59M | — | -$9M | — | -597.2% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $3M |
| R&D Expenses | $49M |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $4M |
| Operating Expenses | $66M |
| Cost & Expenses | $66M |
| OPERATING INCOME | -$62M |
| Interest Income | $9M |
| Interest Expense | $4M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | -$57M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | -$55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$55M |
| D&A | $6M |
| EBIT | -$57M |
| EBITDA | -$51M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$55M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | -$59M |
| Capital Expenditure | -$157.2K |
| Acquisitions (Net) | $5.6K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | $8M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$59M |
| Net Change in Cash | -$36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $7M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $55M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $13M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $19M |
| TOTAL ASSETS | $73M |
| Account Payables | $18M |
| Short-Term Debt | $10M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $43M |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $40M |
| TOTAL NON-CURRENT LIABILITIES | $56M |
| TOTAL LIABILITIES | $99M |
| Common Stock | $5M |
| Additional Paid-In Capital | $477M |
| Retained Earnings | -$509M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $1M |
| TOTAL STOCKHOLDERS' EQUITY | -$25M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$25M |
| TOTAL LIABILITIES & EQUITY | $73M |
| Total Debt | $26M |
| Net Debt | -$6M |
