| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $58M | — | $53M | — | 9.2% |
| Op. Income | -$25M | — | -$11M | — | -130.5% |
| Gross Margin | 46.4% | — | 48.3% | — | -1.9pp |
| Net Margin | -58.7% | — | -58.7% | — | 0.0pp |
| EPS (Diluted) | $-2.87 | — | $-2.73 | — | -5.1% |
| Free Cash Flow | -$15M | — | -$2M | — | -513.5% |
| Item | Amount |
|---|---|
| REVENUE | $58M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $27M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $45M |
| Other Expenses | $921.0K |
| Operating Expenses | $52M |
| Cost & Expenses | $83M |
| OPERATING INCOME | -$25M |
| Interest Income | $91.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$34M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$34M |
| D&A | $5M |
| EBIT | -$25M |
| EBITDA | -$20M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$34M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$83.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $5M |
| Net Receivables | $6M |
| Inventory | $22M |
| Other Current Assets | $896.0K |
| TOTAL CURRENT ASSETS | $47M |
| PP&E (Net) | $505.0K |
| Goodwill | $0 |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $25M |
| TOTAL ASSETS | $71M |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $41M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $55M |
| TOTAL NON-CURRENT LIABILITIES | $57M |
| TOTAL LIABILITIES | $97M |
| Common Stock | $120.0K |
| Additional Paid-In Capital | $151M |
| Retained Earnings | -$178M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$26M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$26M |
| TOTAL LIABILITIES & EQUITY | $71M |
| Total Debt | $3M |
| Net Debt | -$10M |
