| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $49M | — | $52M | — | -6.2% |
| Op. Income | -$8M | — | -$10M | — | 17.0% |
| Gross Margin | 40.1% | — | 42.0% | — | -2.0pp |
| Net Margin | -18.3% | — | -18.5% | — | 0.1pp |
| EPS (Diluted) | $-0.54 | — | $-0.59 | — | 8.5% |
| Free Cash Flow | -$7M | — | -$7M | — | -6.5% |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $20M |
| R&D Expenses | $5M |
| Selling & Marketing | $13M |
| General & Administrative | $10M |
| SG&A Expenses | $22M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $57M |
| OPERATING INCOME | -$8M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$540.0K |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $68.0K |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $1M |
| EBIT | -$8M |
| EBITDA | -$7M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $328.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$13.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$13.0K |
| Net Debt Issuance | -$218.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$547.0K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $11M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $24M |
| PP&E (Net) | $2M |
| Goodwill | $965.0K |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $29M |
| Account Payables | $7M |
| Short-Term Debt | $2M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $770.0K |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $314.0K |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $27M |
| Common Stock | $174.0K |
| Additional Paid-In Capital | $90M |
| Retained Earnings | -$88M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $51.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $0 |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $29M |
| Total Debt | $5M |
| Net Debt | $2M |
