| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $127M | — | $152M | — | -16.1% |
| Op. Income | -$38M | — | -$14M | — | -172.4% |
| Gross Margin | 17.8% | — | 19.6% | — | -1.8pp |
| Net Margin | -30.8% | — | -9.7% | — | -21.1pp |
| EPS (Diluted) | $-0.69 | — | $-0.27 | — | -155.6% |
| Free Cash Flow | -$8M | — | -$21M | — | 60.5% |
| Item | Amount |
|---|---|
| REVENUE | $127M |
| Cost of Revenue | $105M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $30M |
| SG&A Expenses | $38M |
| Other Expenses | $22M |
| Operating Expenses | $60M |
| Cost & Expenses | $165M |
| OPERATING INCOME | -$38M |
| Interest Income | $87.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$186.7K |
| INCOME BEFORE TAX | -$38M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | -$39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$39M |
| D&A | $2M |
| EBIT | -$38M |
| EBITDA | -$36M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$39M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $24M |
| Change in Working Capital | $265.0K |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | -$60.5K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $0 |
| Net Receivables | $40M |
| Inventory | $7M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $73M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $19M |
| Tax Assets | $0 |
| Other Non-Current Assets | $210.6K |
| TOTAL NON-CURRENT ASSETS | $29M |
| TOTAL ASSETS | $102M |
| Account Payables | $57M |
| Short-Term Debt | $1M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $73M |
| Long-Term Debt | $805.4K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $29M |
| TOTAL LIABILITIES | $102M |
| Common Stock | $5.7K |
| Additional Paid-In Capital | $49M |
| Retained Earnings | -$48M |
| Treasury Stock | -$60.5K |
| Accum. Other Comp. Income | -$108.9K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $604.7K |
| Minority Interest | $0 |
| TOTAL EQUITY | $604.7K |
| TOTAL LIABILITIES & EQUITY | $102M |
| Total Debt | $7M |
| Net Debt | -$17M |
