FY 2025 Earnings

Reported April 13, 2026NEW

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$39M	—	$50M	—	-21.9%
Op. Income	-$10M	—	-$43M	—	77.1%
Gross Margin	29.2%	—	20.6%	—	8.6pp
Net Margin	6.6%	—	-87.2%	—	93.8pp
EPS (Diluted)	$0.01	—	$-0.33	—	103.0%

Income Statement

Item	Amount
REVENUE	$39M
Cost of Revenue	$28M
GROSS PROFIT	$11M
R&D Expenses	$10M
Selling & Marketing	$0
General & Administrative	$16M
SG&A Expenses	$16M
Other Expenses	-$5M
Operating Expenses	$21M
Cost & Expenses	$49M
OPERATING INCOME	-$10M
Interest Income	$1M
Interest Expense	$0
Other Income/Expenses	$13M
INCOME BEFORE TAX	$3M
Income Tax Expense	$208.0K
Net Income from Continuing Ops	$3M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$3M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$3M
D&A	$0
EBIT	-$10M
EBITDA	-$10M
EPS	$0
EPS Diluted	$0