| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | — | $11M | — | -53.2% |
| Op. Income | -$148M | — | -$114M | — | -29.9% |
| Gross Margin | 35.1% | — | 100.0% | — | -64.9pp |
| Net Margin | -7899.6% | — | -2002.7% | — | -5896.8pp |
| EPS (Diluted) | $-2.13 | — | $-4.14 | — | 48.6% |
| Free Cash Flow | -$118M | — | -$101M | — | -17.3% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $2M |
| R&D Expenses | $98M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $59M |
| Other Expenses | -$4M |
| Operating Expenses | $153M |
| Cost & Expenses | $153M |
| OPERATING INCOME | -$148M |
| Interest Income | $3M |
| Interest Expense | $239M |
| Other Income/Expenses | -$249M |
| INCOME BEFORE TAX | -$398M |
| Income Tax Expense | $24.7K |
| Net Income from Continuing Ops | -$398M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$398M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$398M |
| D&A | $3M |
| EBIT | -$148M |
| EBITDA | -$148M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$398M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $269M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | -$118M |
| Capital Expenditure | -$277.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$149M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$150M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $271M |
| FREE CASH FLOW | -$118M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $116M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $154M |
| TOTAL CURRENT ASSETS | $285M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $212.7K |
| Long-Term Investments | $615.9K |
| Tax Assets | $223.2K |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $291M |
| Account Payables | $30M |
| Short-Term Debt | $37M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $90M |
| Long-Term Debt | $29M |
| Deferred Revenue NC | $147.3K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $202M |
| TOTAL NON-CURRENT LIABILITIES | $235M |
| TOTAL LIABILITIES | $325M |
| Common Stock | $2M |
| Additional Paid-In Capital | $617M |
| Retained Earnings | $0 |
| Treasury Stock | -$614.7K |
| Accum. Other Comp. Income | -$653M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$34M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$34M |
| TOTAL LIABILITIES & EQUITY | $291M |
| Total Debt | $69M |
| Net Debt | -$47M |
